Tuesday 03/December/2024 – 07:18 PM
Youssef Talaat, director and business partner of Mimco Beverages Company, which owns the brand, said Spiro spatsThe company aims to achieve a growth rate in its sales during the next year 2025 to reach about 3 billion pounds.
Talaat explained, during a press conference held on the sidelines of his participation in the Food Africa Exhibition, that Spiro Spats’ plan to increase sales comes in light of its production expansion by manufacturing for others, as it has currently contracted to obtain the production capacity for a new line at the Sadat Factory, where the company manufactures on a production line. last.
Spirospats sales are expected to reach one billion pounds by the end of this year
Talaat expected that sales of Spiro Spats would reach one billion pounds by the end of this year, thanks to increased production and expansion in local and international markets. He confirmed that the local manufacturing rate of the company’s products had reached 99%, which reflects its heavy reliance on national resources and enhances its competitiveness.
He added that the company recently succeeded in sending its first export shipment to Canada while continuing to export to Gulf countries, such as: the Emirates, Saudi Arabia, and the Sultanate of Oman. The company also plans to resume exports to Sudan and Libya soon to meet the growing demand in these markets.
Talaat pointed out that his company expanded its distribution operations, as the number of distribution vehicles increased from 16 to 56, in addition to relying on other distributors, which contributed to reaching most of the governorates of the Republic.
The director and business partner of Mimco Beverages Company confirmed that his company is not currently intending to raise the prices of Spiro Spates, noting that the variation in product prices in the market has become less than before, and the company has also launched a new glass product with four flavors.
