Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / Colombia

Ajegroup Report Buoyant Sales Growth

September 2009 | Company News Alert

The director of corporate affairs at Peruvian beverage company Ajegroup, Alfredo Paredes, announced that the firm expect sales volumes to increase by 10% in the current year despite the economic downturn. Paredes also said Ajegroup expect revenues to rise by about 10% over the year, up from nearly US$1bn posted in 2008. This level of growth is in contrast to the regional beverage sector, which has stagnated due to the a drop in discretionary spending because of the global economic

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