“We are increasingly focusing on our own brands and developing them as strong brands for the frozen [foods] market, both vegetable and meat-based ready to cook products. Both brands recorded double digit increases compared with the same period last year, in volume and in value,” says Razvan Bagherea, Aquila’s Human Resources and Organization Manager.
Aquila posted a net profit of RON68 million last year, up 24% and its highest ever, while revenue rose 13% to RON1.93 billion.
The company has a capitalization of RON789 million and is 33.33% owned by Alin-Adrian Dociu and 33.33% by Constantin-Catalin Vasile.
Its shares have lost 29.7% amid transactions of almost RON40 million since the beginning of the year, Bucharest Stock Exchange data show.
(English version by Loredana Fratila-Cristescu)