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November 1, 2015

Peru

Camposol Holding’s Third Quarter 2015 Financial Results

 

Camposol Holding, Ltd., is the leading agro industrial company in Peru.  It’s involved in the harvest, processing and marketing of avocadoes, asparagus, blueberries, grapes, mangos, peppers, artichokes, tangerines—and shrimp.  It exports to Europe, the United States and Asia.

 

It reported sales of $73.4 million in the third quarter of 2015, up 19.9% from the third quarter of 2014, with earnings (before interest, taxes, depreciation and amortization) of $14.9 million, 260% more than in the third quarter of 2014.  As of September 30, 2015, it held a cash balance of $33.8 million.

 

Camposol plans to increase the size of its shrimp farming operation.  Samuel Dyer Coriat, Executive Chairman, said, “Within the next two years, we will see an important growth in volumes of (avocados, blueberries and shrimp)”.

 

Information: Maria Cristina Couturier (mcouturier@camposol.com.pe), Chief Financial Officer, and Maria Elena Olmos (molmosv@camposol.com.pe), Investor Relations Officer, Camposol Holding, Ltd., Av. El Derby 250, Piso 4, Urb.  El Derby de Monterrico, Santiago de Surco, Lima, Peru (phone +511-634-4100, fax + 511-475-0789, http://www.camposol.com.pe).

 

Source: MW Market Watch.  Camposol Holding, Ltd., Reports Third Quarter 2015 Financial Results.  October 29, 2015.

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