Florida Ice & Farm Sales were $1.16 billion in 2015

The Costa Rican company increased its sales by 2% compared to 2014, thanks to the dynamism of flavored alcoholic beverages in the US, foods in Guatemala, and beers, wines and spirits in Costa Rica.

Monday, February 8, 2016

Flavored alcoholic beverages, especially in America, and increased profitability in beer, wine and distilled drinks in Costa Rica and food in Guatemala, boosted Costa Rica Florida Ice & Farm's operating income in 2015, reaching $179 million, 13% more than in the previous fiscal year.

In its annual report, the company reported net sales of 623 billion colones ($1.162 billion), showing a growth of 2% over the previous fiscal year. All categories of drinks (beer, wine and spirits and soft drinks) and the food category showed growth in sales.

From the Integrated Report 2015 by Florida Ice & Farm:

The period 2014-2015 saw a growth in almost all segments, categories and geographies, influenced by innovation and the efficient management of resources. In financial terms, the company achieved sales of 86 million equivalent boxes of beverages (excludes maquila production volume in the United States) and 49 tons of food, representing growth of 2% and 5% respectively the previous year.

Net sales were $623 billion colones ($1.162 billion), showing a growth of 2% over the previous fiscal year. All categories of drinks (beer, wine and spirits and soft drinks) and the food category showed growth in sales.

Read full report.

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