Sp-Berner, a Valencian family company, consolidates its online sales strategy in Spain and France

Results report

Sp-Berner, a Valencian family company with a history of almost 60 years in the plastic processing sector and with a presence in more than 50 countries, closed the last year with sales of 157 million euros and a profit of 8,2. XNUMX million euros before taxes.

---

In addition, it allocated an investment of almost 7 million euros to the modernization of its production centers which has included, among others, the expansion of its current recycling plant, the construction of its own Photovoltaic Solar Energy, the consolidation of your online sales strategy in Spain and France, as well as the promotion of their brands Sp-Berner and Shaf.

 

The company's turnover has remained stable in the national market while in the rest of the European market it has decreased by 13%, mainly due to the reduction in sales of the garden furniture category. In the rest of the world it has experienced a slight increase of 2%, in line with the defined strategy. In this sense, it is worth highlighting the increase in sales in North America of 61%, as well as the consolidation of growth in Africa that began in fiscal year 2019.

 

Billing reached 157 million euros, which represents a slight decrease of 1,5% compared to the previous year, mainly due to the tension in the markets, the increase in energy prices and inflation, which caused a general slowdown in household consumption.

 

Sp-Berner has been one of the pioneering companies in sustainability and use of resources, which is why more than 12 years ago it invested in its own recycled materials plant. During this year, it has transformed more than 25.000 tons of recycled plastic to give life to new environmentally friendly products, promoting circularity and following the objectives of its “Sustainability Plan 2022”.

 

The positive results for fiscal year 2022 show profits of 8,2 million euros before taxes, a figure that has been reduced compared to 2021 due to the effects of the uncontrolled increase in the cost of raw materials as well as energy costs and the impact of the war in Ukraine, which in turn has tightened inflationary pressures, limiting dynamism and worsening expectations regarding future growth forecasts, both for companies and for the economy as a whole.

 

“We are satisfied to have obtained these results in a year as complicated and demanding as 2022. We have suffered the consequences of market instability, but we continue in our line of staying strong and growing in the face of adversity. To this end, we will continue investing in the future development of the business, maintaining our commitment and contribution of value to both people and society,” says Jorge Escarpa, CEO of Sp-Berner.

 

Good prospects for 2023

 

Sp-Berner foresees a good 2023 thanks to the recovery of household consumption, favored by the containment of inflation and the improvement of hospitality and tourism, very important sectors for its activity. It will also continue to promote its 2025 Sustainability Plan with the aim of transforming more than 35.000 tons of recycled plastic and converting them into new sustainable products. With the aim of continuing to offer its customers innovative and functional products, it is working on a new approach to innovation management, which will strengthen its current product portfolio.

 

In addition, it plans to make investments worth 15 million euros to continue with the modernization of its production centers and the expansion of its photovoltaic solar energy plant to all the company's production plants.