The agri-food cooperative presented results for 2023/24 at its AGM in Algemesí, with turnover and sales volumes increasing
Anecoop has revealed turnover growth of 11.6 per cent for the 2023/24 season, up to a record €945mn.
The results were revealed at the cooperative’s AGM, which was held in Algemesí today (14 March).
Volumes sold climbed 13.7 per cent year-on-year, Anecoop reported, up to more than 740,000 tonnes.
The combined turnover of all Anecoop Group companies also recorded its best-ever result, reaching €1.126bn – ”significant growth” of 12.5 per cent compared to the previous campaign, with a total sales volume exceeding 1.1mn tonnes.
Anecoop said the result meant it had strengthened its position as ”the leading Spanish company in the marketing of fruits and vegetables”, increasing its national export share to 5.04 per cent.
During the 2023/24 season, the average settlement price for its members increased by 1 per cent, despite a 3 per cent decrease in average sales prices during the campaign.
”This growth has been possible thanks to a series of management improvements we have implemented, including the reorganisation of the logistics department, greater digitalisation, the streamlining of some processes, and a reduction in expenses,” said Anecoop CEO Joan Mir.
Product review
Anecoop noted that the greatest challenges of the campaign had been rising costs, reduced labour availability and a higher incidence of pests and diseases, which were ”increasingly difficult to combat”.
Furthermore, there had been a decrease in fruit and vegetable consumption in Europe, the cooperative explained, customer supply policies with higher demands and a general trend toward fewer suppliers, and ”increasingly fierce competition”.
It sold 265,155 tonnes of citrus in 2023/24, representing a 5.53 per cent increase compared to the previous campaign.
The fruit segment had shown the strongest results, both in volume (277,996 tonnes, up 35.41 per cent) and in revenue, exceeding €346mn (up 31.85 per cent).
Persimmons performed well while melons and watermelon volumes recovered, it noted, while “significant growth” was recorded in stonefruit sales for the second consecutive year.
The volume of berries increased by nearly 50 per cent, and vegetables also saw growth, rising 5.52 per cent in volume and 4.33 per cent in revenue to 177,855 tonnes and €285mn respectively.
Double-digit growth was recorded in the organic sector, reaching 31,783 tonnes, while fresh-cut and processed products achieved a turnover of over €6mn.
Integration and cooperation
Anecoop said that, In the face of the fragmentation of the sector, it was promoting integration and cooperation as key to improving the scale of agri-food cooperatives to become more competitive and profitable.
“We continue to be committed to integration and cooperation to face the challenges of a global and competitive economy,” said to Anecoop president Alejandro Monzón.
”This challenge for the sector goes alongside adaptation to climate change, innovation, digitalisation, the transition to more sustainable agriculture, investment in R&D, and the promotion of generational renewal.”
