The frozen food products company, Frijobel, aims to increase its turnover in 2020 by more than 10% compared to last year. “The goal for 2020 is to reinforce the growth in business volume and the export share,” said Paulo Júlio, the company’s executive director.
In 2019, the company’s turnover also grew above 10% getting very close to 50 million euros, a figure that should be increased by around five million euros by the end of the year.
The manager stressed that the goal “is to have a higher growth than in 2019” so the company is structuring itself in the area of commercial management to face “an ambitious year in the growth of turnover”.
The national market currently represents 87% of Frijobel’s turnover which aims to increase the percentage of the volume of exports.
“The intention is to increase exports, which have been growing annually, in order to approach 10 million euros of exports in the next two or three years”, he underlined. Right now, says Paulo Júlio, the company is “a little bit” above the 6.5 million euros billed on exports.
The main export markets are France and Switzerland although the company then operates in more than 20 different markets from the United States, Canada or Luxembourg, Germany, England, Belgium and Italy. Outside Europe, Frijobel exports to Macau, Hong Kong, Australia and “practically” all African Portuguese Speaking Countries (PALOP).