The Spanish market for fast food: company profiles: Lacrem SA (Farggi)

Article Abstract:

Lacrem SA, which operates and sells its ice cream and bakery products under the Farggi brand, has secured a profit increase by 11.1% to Ptas2.3 billion in 1997 with about 35% of its sales from its ice cream parlor sales. Farggi outlets has secured the third largest in the desserts sector of the fast food market in Spain with a total of 34 outlets in 1997. The company plans to further expand its Farggi stores across Spain through signed agreements with Pizza Hut that agreed to serve the Farggi brand in its outlets.

Comment:

Secures a profit increase by 11.1% to Ptas2.3 bil in 1997 with about 35% of its sales from its ice cream parlor sales

Spain, Bakery Products, Bread and Bakery Product Manufacturing, Ice Cream and Frozen Dessert Manufacturing, Ice Cream, Limited-Service Eating Places, Ice Cream & Frozen Custard Stands, Baked goods, Ice cream parlors, Lacrem SA, Farggi

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Company profiles: Saiwa SpA

Article Abstract:

Saiwa SpA, a Genova, Italy-based producer of biscuits, has posted a 52.3% profit increase from 1992 to L370 million in 1996. The firm is ranked the third largest biscuit firm in Italy in the market for sweet and savoury biscuits market with market volume share of sales at 2.7% in 1997. The strong presence was boosted by the 13% share obtained by its Premium brand. The firm also sells other biscuit products under the brand of Oro Saiwa, Mini Oro Saiwa, Wafer Saiwa, Urra, Ritz, Cipster and Planters.

Comment:

Posts a 52.3% profit increase from 1992 to L370 million in 1996

Italy, Cookies & Crackers, Cookie and Cracker Manufacturing, Snack foods, Saiwa S.p.A., Cipster, Mini Oro Saiwa, Oro Saiwa, Planters, Premium, Ritz, Urra, Wafer Saiwa

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Company profiles: Jamont NV

Article Abstract:

Jamont NV of Brussels, Belgium, has secured a strong market position within the disposable paper products market in Benelux region with sales of $1,693 million in 1996, up by 2.3% from 1995. The firm's market share gains and volume share increae, however, was countered by the decline of average prices by 3%. The 14.5% sales increase in 1995 was attributed to price increases to shoulder the raw material cost increases in the market. Jamont's branded products are Lotus, Moltonel, Celtona and Vania.

Comment:

Secures a strong mkt position in disposable paper prods mkt in Benelux region w/ sales of $1,693 mil in 1996, up 2.3% from 1995

European Union, Sanitary Paper Product Manufacturing, Sanitary Paper Products, Paper products, Sanitary papers, Celtona, Lotus, Moltonel, Jamont N.V., Vania

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