September 6, 2012

Grupo Calvo intends to increase its sales in South America and China as part of its growth strategy while monitoring the recovery of North African markets.

This was announced by the company's CEO for Europe, Enrique Orge, who also recalled that for years Calvo has been present in the American continent, particularly in Brazil, under the brand, ,'Gomes da Costa'.

Grupo Calvo obtains 77% of its revenues from sales outside Spain and these operations contribute to maintaining employment in the factories located in Galicia -- Carballo and Esteiro, the executive added.

At present, the Spanish canning firm sells its products in 70 countries and plans to open more factories outside Spain.

Calvo´s market share in Spain in tuna sale is 14%, while Gomes da Costa (Brazil) achieved a market share of 50%.

Meanwhile, in Argentina, "the structure of the Group continues growing," Orge commented, and there is a "modest structure" directed to the US to reach the public with the brand, Nostromo.

In the short term, the cannery firm will seek to strengthen its sales in China, where some products have already been sent.

Furthermore, it maintains "sound plans" in Central European nations and managed to regain the market in North Africa, where political issues cause sales suspension in 2011.

Orge mentioned the case of Libya, where in 2012 "a positive dynamics started, meaning more orders."

It was also noted that the Italian market behaviour is different from that in Spain, and it records a canned product sale growth.