Revenue Up, But Margins Lean At Spain's Fandicosta
date:May 15, 2014
Fandicosta, one of Spains largest seafood processors, increased its revenue by 14% last year, to 101 million.

The company did however warn interested parties about interpreting increases in sales volumes as a sign that the countrys economy is recovering.

Because of the economic stress Spain is suffering, revenue levels could only be maintained by increasing production, said the processor.

Sales at the company have increased steadily for the past four years, profits have only increased by 200
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