The boost from exports accounts for close to 38% of Miguel España e Hijos' turnover

Increases its turnover by 13,7% in 2023

With export as the company's main strategic pillar, Miguel España e Hijos closed the year 2023 consolidating its presence in more than 73 countries.

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Miguel España e Hijos closed 2023 exceeding 55.8 million euros in revenue, 13,7% more than the previous year, which was marked by an increase in production costs due, in part, to the conflict between Ukraine and Russia.

 

During the past year, the Toledo-based company sold more than 6 million kilos across all its products , with the loin standing out as its flagship product, which accounts for 16% of Miguel España e Hijos' total revenue.

 

With exports as the company's main strategic pillar, Miguel España e Hijos closed 2023 having consolidated its presence in more than 73 countries. Highlighting Central and Eastern Europe as its main consumer markets for Spanish hams and cured meats, the company has achieved international sales that represent 38% of its total revenue, thus reflecting its commitment to establishing a foothold in new markets.

 

 The Toledo company sold more than 6 million kilos among all its references

 

“Our goal is to increase the number of countries we operate in each year; we only have a few left to reach. We add two or three new countries a year and continue to strengthen our presence in the countries where we already operate,” explains Miguel Ángel España, manager of Miguel España e Hijos.

 

Among its exported products, ham continues to be the most in demand in the foreign market, experiencing notable growth and representing 75% of international sales, which represents an increase of 20% compared to the previous year.

 

In 2023, the Toledo-based company also honored its founder, Miguel España, by including his name in the company logo. Now, the name "Miguel" has replaced "Embutidos y Jamones" (Cured Meats and Hams).