Trade Viscofan, S.A. - VIS CFD

Viscofan Company profile

About Viscofan SA

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.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Viscofan SA revenues increased 6% to EUR969.2M. Net income increased 9% to EUR133M. Revenues reflect Artificial Casings segment increase of 6% to EUR925.1M, Energy segment increase of 20% to EUR44.1M, Rest of Europe/Asia segment increase of 10% to EUR438M, Spain segment increase of 11% to EUR115.3M. Net income benefited from Exchange, Net increase from EUR2.3M (expense) to EUR2.2M (income).

Equity composition

8/2011, Nominal value changed from EUR 0.01 to EUR 0.7.