Sanchis Mira nougat maker increases profit by 15% to 10.1 million euros

Sanchis Mira, which produces nougat and chocolate from brands such as Antiu Xixona or La Fama, is set to launch 2021. More than 15% profit increase, which allowed it to reach 10.1 million euros. This improvement in results came despite a slight 4% decrease in turnover as a result of the normalization of the market after the contention experienced in the first year of the pandemic.

The accounts of the company located in Xixona, newly deposited in the Commercial Register show: turnover was 115,941,386 Euros last year. Compared to 120,678,139 the previous year, when the company improved its sales as a result of increased demand from the agri-food sector in general outbreak of covid crisis. As a result, the turnover is higher than in the pre-pandemic 2019 reaching 114,473,578.

Despite the slight decline in this episode, Sanchis Mira cost containment policy and adapting to the current context of rising raw material prices, it was able to increase its profits by more than 15% with net results of 10,134,771 Euros. This is more than a remarkable figure, especially when compared to what was achieved in 2019, when it made a profit of 7,603,797 euros before the health crisis. The total assets of the company are 95,988,701 Euros and its capital is 809,444.

The firm maintains a healthy state as evidenced by the following fact: increased its staff last yearcoincides with the largest production periods, with an average of 231 workers and certain moments reaching 456. Nor did it have to use the tools provided by the Government to deal with the effects of the epidemic. An example of the firm’s good standing is its recent acquisition of Chocolates Clavileño, located in La Vila Joiosa, in a joint operation with Turrones Picó.

Sanchis Mira’s main customer is in Mercadona and launch of new products coexist with the most traditional and characteristic of the company.

Source: Informacion

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