Miguel España e Hijos reaches record turnover with 67 million euros in 2024, driven by its international expansion

 

 

The Toledo company Miguel Spain and Sons has announced a milestone in its career by reaching a turnover of 67 million euros in 2024, which represents an increase of 18% compared to the previous year. This achievement is attributed to the implementation of a ambitious business plan both nationally and internationally, based on the quality of its products and exceptional customer service, covering distribution and catering channels.

 

The company, which will celebrate its 40th anniversary next year, has consolidated its presence in large-scale organized distribution and in traditional Spanish catering, while strengthening its presence in foreign markets, where it already directs nearly 40% of its total sales.

 

Exporting has become a fundamental pillar for Miguel España e Hijos, as demonstrated by its presence in more than 75 countries and its participation in important international food fairs, such as Anuga in Germany, PLMA in the Netherlands, Alimentaria Barcelona and Salón Gourmets in Madrid.

 

"The business figures achieved last year demonstrate that we are on the right track and that customers trust us because we are able to offer them the products they need, in the format they demand, and with good service—a key issue nowadays for securing our customers and gaining the trust of our consumers, both within and beyond our borders," he stated. Miguel Angel Spain, company manager.

 

As for product categories, Iberian pork derivatives stand out for their importance, with sales of more than 70.000 hams and 500.000 kilograms of loin, chorizo ​​and salchichón, distributed through all channels.

 

Miguel España e Hijos' online sales have also experienced significant growth, reaching 200.000 euros this year. Although this figure still represents a modest percentage compared to total turnover, the company has invested heavily in advertising on social networks with the aim of strengthening the online channel and increasing its relevance in the development of its business at a global level.

 

In order to support the company's continued growth and the development of new projects together with its clients, Miguel España e Hijos has invested more than 6 million euros in its processes over the last 5 years, which has resulted in significant improvements in productivity across all its lines of business.

 

Miguel España e Hijos currently generates direct employment for more than 200 people, most of whom live in rural areas, thus reaffirming its commitment to the sustainable development of the rural environment of the province of Toledo, where the company is located.