{"id":4268,"date":"2014-02-18T13:30:55","date_gmt":"2014-02-18T13:30:55","guid":{"rendered":"http:\/\/www.martincodax.com\/winery-grows-a-14\/"},"modified":"2025-06-27T10:27:25","modified_gmt":"2025-06-27T10:27:25","slug":"winery-grows-a-14","status":"publish","type":"post","link":"https:\/\/www.martincodax.com\/en\/winery-grows-a-14\/","title":{"rendered":"Winery grows a 14%"},"content":{"rendered":"<div class=\"multimedia-img\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/martincodax.com\/blog\/wp-content\/uploads\/2014\/02\/martincodaxinverno15-web1.jpg\" alt=\"INVERNO  MARTIN CODAX  MARTIN CODAX\" width=\"563\" height=\"376\" class=\"alignnone size-full wp-image-3262\" \/> <\/div>\n<article class=\"texto\">\n<p>Bodegas Mart\u00edn C\u00f3dax closed the exercise 2013 with an invoicing of <strong>18 million of euros<\/strong>, two million more than the figure billed in 2012. It means a total <strong>growth<\/strong> of <strong>14%<\/strong>. The temporary financial states of the winery reflect besides an improvement \u00a0of <strong>profits superior to 10%,<\/strong> with a gross profit of exploitation that will reach two million of euros.<\/p>\n<p>This growth is owed especially to the increase of the sales in the export market, which already mean 60% of the total invoicing of the winery and to which 50% of the growth of 2013 can be attributed. Countries as US, United Kingdom, Germany or the northern countries were, undoubtedly, some of the areas where the sale grew more and those that contributed to this improvement the most.<\/p>\n<p>Other key operations, as the bet for new markets, does not have to be forgotten either; among them Russia and China. Specifically, in the Asian giant we already established a commercial office through the creation of a consortium with another four Galician companies belonging to different sectors. The goal is the search for importers in the main capitals and the positioning of the mark Mart\u00edn C\u00f3dax among the main wines in the country.<\/p>\n<p>It is dealt to set the bases so that these markets take the relay of the growth in a deadline not inferior to two or three years&#8221;, explained Juan V\u00e1zquez Gancedo, Bodegas Mart\u00edn C\u00f3dax CEO.<\/p>\n<p>Also outstanding, is the growth produced in the national market that means 25% between off trade and on trade. We have to thank for the effort carried out by this last channel that in spite of the difficult they have known how to encourage the consumption with gastronomic days, competitions, and other creative actions that have helped in a decisive way to the sector.<\/p>\n<p>&#8220;Discrete but significant, the increase of the sales in the on trade in the national market mean the biggest satisfaction for the staff of the winery. Especially taking on account the hard economic moment, the pessimism installed in the consumer and the adverse climatology that did not help either this year\u201d, comments Juan V\u00e1zquez<\/p>\n<p align=\"center\"><strong>The growth in invoicing is due also to the good launch of Adegas Galegas<\/strong><\/p>\n<p>The good figures of invoicing that managed the group Bodegas Mart\u00edn C\u00f3dax are owed also to the good evolution that had the winery in O Condado, <a href=\"http:\/\/www.adegasgalegas.es\">Adegas Galegas<\/a>, acquired in 2012 by the winery.<\/p>\n<p>Its invoicing is about the 800.000 euros, figure that was planned to reach in 2015 but that, thanks to the quality of the vineyards situated in Condado and O Rosal and to marks as D. Pedro de Soutomaior or Veigadares, which already are well positioned in national and international markets, this goal was achieved two years before than estimated.<\/p>\n<p align=\"center\"><strong>The Plan of Efficiency of the winery contributes to improve \u00a0the profits up to 10%.<\/p>\n<p> <\/strong><\/p>\n<p>The temporary financial states of the group Bodegas Mart\u00edn C\u00f3dax reflect an improvement, \u00a0for profits superior to 10%, with a gross profit of exploitation that will reach two million of euros.<\/p>\n<p>The <strong>Plan of Improvement of the Productivity, Competitiveness and Efficiency<\/strong> developed by the winery in 2013 contributed also to this growth. Among the strategic actions of the plan, the conversion of the old ships of Transports N\u00fa\u00f1ez in a Center of Logistics where the expeditions of the five centers of production were centralized.<\/p>\n<p>The center of logistics meant a smaller expense in transport besides a sensitive improvement in the reduction of the footprint of carbon improving the fixed indicators of environmental impact as goals of the social business responsibility of Bodegas Mart\u00edn C\u00f3dax.<\/p>\n<p>\u00a0<\/p>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Invoicing grew in the last year<\/p>\n","protected":false},"author":1,"featured_media":3883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[740],"tags":[],"class_list":["post-4268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categoria-3"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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