Viscofan, S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 01:03 pm EDT
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Viscofan, S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was EUR 237.466 million compared to EUR 224.923 million a year ago. Sales was EUR 237.466 million compared to EUR 75,000 a year ago. Sales was EUR 63,000 compared to EUR 224.923 million a year ago. Sales was EUR 63,000 compared to EUR 75,000 a year ago. Operating income was EUR 45.663 million compared to EUR 40.255 million a year ago. Net income was EUR 33.949 million compared to EUR 29.982 million a year ago. For the half year, sales was EUR 465.838 million compared to EUR 447.028 million a year ago. Sales was EUR 465.838 million compared to EUR 147,000 a year ago. Sales was EUR 125,000 compared to EUR 447.028 million a year ago. Sales was EUR 125,000 compared to EUR 147,000 a year ago. Operating income was EUR 85.050 million compared to EUR 73.561 million a year ago. Net income was EUR 64.128 million compared to EUR 57.344 million a year ago.
Viscofan SA is a Spain-based company engaged in the packaging industry, mainly for meat products. The Company focuses on the manufacture and distribution of artificial castings, as well as plastic films that are used for separation of sliced food. Its products range includes cellulose, collagen, fibrous and plastic castings. In addition, it designs and produces packing machinery, as well as provides related spare parts. The Company also sells electric power, which is produced by cogeneration systems. The Company operates manufacturing plants and sales offices in Spain, Serbia, Czech Republic, Germany, Brazil, Mexico, Uruguay, China and the United States, among others. It controls a number of subsidiaries, such as Nanopack, Technology and Packaging SL, Naturin Viscofan GmbH and Viscofan Centroamerica Comercial SA.