Increase in exports brings new record in sales for food manufacturer Spitz
March 13th, 2007 in Austrian Business
The Upper Austrian food manufacturer Spitz was able to obtain high increases last year and the beginning of this year.
Especially exports to the Arabic area, Eastern Europe and Africa made the sales accelerate skywards.
Spitz will finish the business year 2007/08 with a new sales record. An increase of 6,2% up to 218,70 mio EUR is estimated. The exports increased up to 10% to 77 mio EUR. “The sales of fruit juices in the Arabic area is very successful”, says Spitz boss Walter Schörnthaler. Since two years now Spitz is on the spot on the Arabic market.
Also the Spitz enegery drink “Power Horse” made high increases. The sales increased up to 20 percent to 28,90 mio EUR. The energy drink is very popular in Eastern Europe (Romania) and Africa (Nigeria). According to informations of the Spitz boss his company is already the market leader in three countries (Saudi Arabia, Yemen and Nigeria). Enegery drink “Power Horse” was sold last year 60 mio times in 36 countries.

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