Confectionery association "Lyubimy Kray" - Russia's largest producer of oatmeal cookies - published financial results for the first 9 months of 2016. The company's revenue amounted to more than 1,5 billion rubles, which is 21% more than in the same period last year.
This figure is growing steadily in the past few years companies. If the first 9 2013 months, our revenue "Loved Edge" was 820 million rbl., That in the same period of 2014 1 it increased to billion rubles., While in January-September, the turnover amounted to 2015 1,24 billion rubles already.
As a result of 2016, the company's revenues should exceed 2 billion rubles., While in real terms the volume of production will be more 19,5 thousand. Tons, CEO expects "Loved Edge" Irina Snegova.
According to her, the confectionery market this year has changed significantly - the rise in prices for chocolate products stimulated buyers to switch to other product groups, and the cookie was a good alternative. However, “Favorite Land” this year is growing much faster than the flour confectionery market, which increases in real terms by about 8%. While the growth rate of sales of "Beloved Edge" should be about 20%.
“Next year we have even more ambitious plans - to reach the milestone in 3 billion rubles turnover. To do this, the company has everything you need: a strong distribution, including in the regions, an excellent brand portfolio, modern production sites. We are already producing 140 biscuit packages per minute. However, in order to accelerate development, the possibility of opening a new production line at one of our sites is being considered, ”said Irina Snegova.