Fueled by higher prices and volumes of avocados, Peru-based Camposol reported second quarter 2017 sales of $70.4 million, up 44.9% from a year ago.
The company said in a news release that it will continue its diversification strategy by boosting output of fruits and vegetables, including blueberries, avocados and tangerines.
“The Company’s strategic decision to focus on fresh and healthy products and to offer a recognized value proposition directly to the retailers, along with a proper execution throughout all our value chain, is what is making possible to deliver these results,” Jorge Ramirez Rubio, CEO of Camposol Holding Ltd., said in the release. “We expect that with favorable market trends and a team highly focused on the strategy, we will continue strengthening Camposol as a world-class company.”
The company reported it sold 3,415 net metric tons of fresh blueberries during the first half 2017 at an average price of $6.07 per kilogram. That is up 15.3% in volume but decrease of 19.3% in price compared with a year ago.
Avocado sales for the company in the first half of 2017 totaled 15,420 metric tons at an average price of $2.77 per kilogram. According to the release, that performance represents an increase of 47% in volume sold and an increase of 31.4% in price compared with the same period in 2016.