Site Search

DEUTSCH All Languages

Companies in the News

Camposol Holding Plc. (OSL:CSOL) Second Quarter And First Half 2008 Results

Camposol Holding Plc. (OSL:CSOL) Camposol Holding Plc. reported sales of USD 37.1 million in the second quarter 2008 and USD 68.6 million for the first half of 2008. EBITDA without fair value adjustment was USD 8.3 million in the second quarter and USD 8.6 million in the first half 2008.

Camposol raised USD 15 million during the second quarter 2008 through a private placement directed towards FIDAF, a private Peruvian Fund investing on behalf of Peruvian pension funds in agro business and forest development.

Camposol has during the first half of the year invested approximately USD 25 million, mainly in land development and irrigation infrastructure. New crops are expected to be planted between the end of the third quarter of this year and the first quarter of 2009.

In the second quarter of 2008 Camposol eliminated 216 Has of asparagus, 84 Has of Mango, and planted 72 Has of avocado. The company planted 294 Has of pepper, 889 Has of artichoke and farmed 102 Has of shrimp ponds as of June 30, 2008.

CEO Juan Jose Gal'lino and CFO Piero Dyer Coriat will hold a presentation of Camposol Holding Plc.'s financial results per 30 June 2008 in Oslo, at Høyres Hus, Stortingsgata 20 today, Thursday August 28th at 10 am.

For full report, please see attached.

About Camposol Camposol is the leading agro industrial company in Peru, involved in the cultivation, processing and commercialization of agricultural products such as asparagus, sweet peppers, artichoke, avocado and mango. These are exported as fresh, preserved or frozen products mainly to markets in Europe and the United States of North America. Camposol encompasses a totally integrated business from the production of raw material in the fields to processing in the industrial plant and subsequent commercialization in Europe and the United States. Camposol has net 14,000 own hectares of agricultural land in 3 different locations in the Peruvian coast of which 4,864 are already planted, and has one fully owned processing plant for fresh, preserved and frozen products. The company has around 10,000 part and full time employees.

Please visit www.camposol.com.pe

LINK: http://hugin.info/138464/R/1246805/269815.pdf

Camposol Holding Plc.

http://www.camposol.com.pe/

ISIN: CY0110601115

Stock Identifier: OSE.CSOL

Verbundene Unternehmen

Camposol Holding Plc.

ABN Newswire Diese Seite wurde besucht: (letzten 7 Tagen: 1) (letzten 30 Tagen: 9) (seit Veröffentlichung: 462)