Insuiña, the Nueva Pescanova Company, pioneer in Spain in turbot farming and a world leader in farmed turbot production, will receive today the “Grove de Oro 2016” prize awarded by the employers’ association “Emgrobes”.
The Strategic Plan 2016-2020 stresses its commitment to innovation and ventures in new business lines, such as chilled products, which will also represents an opportunity to increase processing capacity of its factories. It also foresees a fourfold increase in EBITDA, growing from 35 million euros in 2015 to 139 million in 2020.
The accounts for the six-month reporting period that goes from the incorporation of Nueva Pescanova in June 2015 to December 31, 2017, were approved at the General Meeting of Partners of Nueva Pescanova held this morning, at the headquarters of the Nueva Pescanova Group in Chapela (Redondela). The auditor of the Company, Ernst & Young, has issued an unqualified report on these accounts.
The Galician brand Pescanova has improved its position in terms of market penetration as well as brand preference, according to the latest issue of the Spain "Brand Footprint" ranking, carried out by Kantar Worldpanel, the largest study on leading consumer brands based on actual purchases.