The multinational company from Navarre, which specialises in packaging for meat products, presented its new Beat’30 Strategic Plan, with which it hopes to achieve €1.8 billion in revenue and €450 million in EBITDA by 2030. In addition, the purpose of this document is to redefine the value proposition in three different areas (“Food: Packaging & Ingredients”, “Health” and “Pet Treats”). In this way, the expected growth would be almost 45% at the end of the plan.
According to the company’s CEO, José Antonio Canales, the new strategic tool designed for his firm is ‘exciting and thrilling, with the ambition of accelerating profitable growth above our historical pace, and with which the company will be more of a leader, more profitable, more sustainable and a creator of value for our shareholders by the end of 2030.’
With this new roadmap, Viscofan aims to accelerate its historical growth rate and profitability and generate more than €1.25 billion in operating cash flow. It also seeks to increase shareholder dividend payments, while announcing that the additional euro that the group has been distributing as an extraordinary dividend over the last three years will now become an ordinary dividend.
‘We are concluding the Beyond’25 strategic plan by consolidating a new purpose as a company that has allowed us to strengthen our traditional leadership in casings and explore new businesses as future avenues for growth,’ said Viscofan’s CEO.
Source: eleconomista.es