Camposol Holding PLC reports its Third Quarter 2023 preliminary results.
Camposol Holding PLC sales amounted to USD 264.6 million, with a recorder gross profit margin of 27.9%, during the first nine months of 2023. EBITDA from continuing operations reached USD 52.3 million, up 32.7% compared to the same period in 2022, with a corresponding EBITDA margin was 19.7%. This increase is mainly explained by higher prices of blueberries.
As of September 30th, 2023, the Company maintained a cash balance of USD 22.2 million and a net leverage ratio of 7.5x.
The Company continues executing its strategy to become a year-round supplier of fresh fruit to our global clients complementing its Peruvian window operations with investments in Colombia, Uruguay and lately in Chile, and capitalizing on its commercial and logistic platforms.
Please see the first quarter financial results’ report enclosed (or click on the link below of this release if received by e-mail).
To register and participate in the conference call please use the following link:
https://register.vevent.com/register/BI1a1b085c31ef4382ae2ef25d7158bb19
Participants are advised to log on to the service and check their settings a few minutes before the conference call begins.
To access the presentation webcast in connection with the conference call, please use the following link.
https://edge.media-server.com/mmc/p/3dghwa6v/
If you are unable to participate in the call, a playback of the conference is available until November 29, 2024.
For further information, please contact:
Jossue Yesquen Lihim, IRO
jyesquen@camposol.com
About CAMPOSOL
CAMPOSOL is a multinational company that provides families around the world with fresh and healthy food. Our operations span across Chile, Colombia, Mexico, Peru, and Uruguay, commercial offices in North America, Europe, and Asia, a corporate office in Costa Rica, and trusted relationships with the main supermarkets worldwide, as well as customers in more than 40 countries.
We are involved in the harvest, processing, and marketing of high-quality agricultural products such as avocados, blueberries, grapes, mangoes, and mandarins, among others.
CAMPOSOL is a company that is committed to supporting sustainable development through social and environmental responsibility policies and projects aimed at increasing the shared value for all its stakeholders. It is also an active member of the United Nations Global Compact, issues annual GRI-aligned sustainability reports and has achieved the following international certifications: Global Gap, Rainforest Alliance, and BRC, among others, as well as compliance with the legislation of the country of destination. CAMPOSOL is evaluated under social ethics standards such as SMETA and GRASP.
For more information about CAMPOSOL, please visit us at www.camposol.com
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