04 Jun

SOS eyes ‘many’ olive oil companies; admits interest in Unilever’s Bertolli

SOS Cuetara SA is studying the acquisition of ‘many’ olive oil companies and has admitted its interest in international food manufacturer Unilever Plc.’s Italian olive oil brand Bertolli, according to SOS chairman Jesus Salazar.
Speaking to Thomson Financial News on the sidelines of a small-midcaps forum, Salazar said that it is studying ‘many companies’, and [...]

22 Apr

Inauguration par Sa Majesté le Roi du Maroc d’une oliveraie à technologie espagnole

Le 3 Avril 2008, Sa Majesté le Roi Mohammed VI a procédé à l’inauguration d’une plantation mécanisée d’oliviers (orientée par GPS) de variétés espagnoles (Arbequina et Arbossana) et grecques (Koroneiki) appartenant à la Société AGRO HEALTH et située dans la région marocaine de Beni-Mellal.
Cette plantation a été conçue et conduite techniquement par la Société espagnole [...]

11 Dec

Spain:SOS Cuetara sees record 1.6 bln tonnes olive oil production in 2007-2008

SOS Cuetara SA said it is targeting a record 1.6 bln tonnes in olive oil production in 2007-2008, reiterating comments made by chairman Jesus Salazar in a recent interview with Thomson Financial News.
In a presentation, SOS Cuetara said it expects olive oil prices to remain stable and competitive in the 2007-2008 season, thanks to an [...]

16 Nov

Spain: Olive oil buoys SOS Cuetara

Healthier margins from olive oil have driven a rise in nine-month profits at Spanish food firm SOS Cuetara.
Net income rose 10.8% to EUR13.5m (US$19.7m) in the nine months to the end of September.
Turnover, however, dipped 3.2% to EUR1.02bn.
In June, a company insider told just-food that SOS Cuetara was searching for a new acquisition in the [...]

02 Jul

SOS Cuetara sees record olive oil harvest in 2007-2008

Sos Cuetara SA expects a record olive oil harvest in 2007-2008, against a medium-term backdrop which does not anticipate any surprise negative factors weighing on earnings, chairman Jesus Salazar said.
In an interview with Thomson Financial News, Salazar said: Next year’s (olive oil) harvest is very, very good It’ll probably be a record. In the medium [...]