The cooperative also saw its profits rise by 2.3% to 10.96 million euros. Despite political uncertainty, price volatility and adverse weather conditions, subsidiaries such as Conservas Dantza, AN Avícola Mélida and the seed section recorded the biggest increases in turnover. All this also allowed the company to increase its workforce from 1,927 to 1,983 employees.
During the period analysed between 1 July 2022 and 30 June 2023, the AN Group, which has 171 member cooperatives comprising around 35,000 farmers and stockbreeders, saw its equity grow by 6.48% to 146.82 million euros, compared to 137.88 million euros the previous year. On the other hand, the cash-flow generated, 17.8 million, will allow it to maintain its level of investments. Specifically, in recent years the co-operative has backed various projects in as many regions in which it is present for a value of approximately 14.5 million.
In this sense, its president, Francisco Arrarás, defended the need to continue supporting the primary sector. “We need investment in the rural environment, services, aid for young people who want to work in the profession and to be allowed to work without hindrance,” he said. In this way, Arrarás called for the laws to help farmers and stockbreeders by ensuring and promoting an environment based on the following values: sustainability, environment, health and, above all, profitability.
The statements by the president of the AN Group were made in the context of a General Assembly that was also attended by the president of Navarra, María Chivite, who congratulated them on the figures obtained. “The resilience and strength that you show make you a point of reference for the agri-food sector, the cooperative movement and the public,” she said.
Source: Diario de Noticias