It was the yr 1792 when the Miquel household began the handbook manufacture of paper in a mill powered by the waters of the Anoia river in Capellades.
It was the yr 1792 when the Miquel household began the handbook manufacture of paper in a mill powered by the waters of the Anoia river in Capellades. Nearly from the start, the corporate assumed a global position. First in Cuba after which in Latin America. At this time, with the corporate within the palms of the Mercader household, worldwide enterprise represents 88.5% of complete gross sales.
The paper firm is immersed in a three-year funding plan that ends this yr and that quantities to 100 million euros. The sources are for environmental enhancements, technological innovation and elevated manufacturing capability. “Miquel y Costas works to provide particular papers destined to progressively change plastic”, displays Jordi Mercader Barata, govt vice chairman.
Within the environmental chapter, the group will dedicate 5 million to put in photo voltaic panels in all its crops. The funding plan additionally contemplates an funding of 25 million in a technological mission to innovate the manufacturing course of in one of many MB Papeles Especiales machines, in La Pobla de Claramunt. There, particular papers are produced for the meals business, automobile batteries and ornamental laminate.
The corporate can be engaged on the event of RRPs (Lowered Danger Merchandise) papers for tobacco. They're merchandise which can be much less dangerous to well being than regular papers. "The tobacco business continues to be the primary marketplace for Miquel y Costas with 57.6% of income, whereas industrial merchandise signify 34.1% of turnover, and different merchandise the remainder," in accordance with the chief vice chairman. . "Nevertheless, it is very important underline that the share occupied by the tobacco business has been reducing over the previous few years, to the advantage of industrial merchandise," he provides. Greater than a decade in the past, the tobacco market represented 75% of gross sales.
One other of the traces of labor that's reorienting the enterprise combine is making tea baggage compostable. Through the first quarter of 2023, the group expects a big enchancment in its outcomes, which ought to proceed all through the second quarter, so long as the volatility of demand and power prices don't exceed present ranges. As for the entire of 2023, the attitude is to return to the historic ranges of profitability that the group reached. Dividends paid in 2022 have been a complete of 16.1 million in comparison with 15.5 million in 2021.
Final yr the group closed with a internet revenue of 31.6 million euros, 37.7% lower than in 2021. "This lower is principally as a result of steady escalation of costs in power, pasta and different uncooked supplies, in addition to the geopolitical tensions derived from the warfare in Ukraine which have made worldwide commerce troublesome, in addition to the deterioration of the business relationship between Spain and Algeria”, explains Mercader Barata. Consolidated gross sales reached 337.2 million euros, 11.9% extra as a result of updating of costs negotiated with clients, as defined by the group.
“With a historical past that goes again to the start of the 18th century, Miquel y Costas defines itself at present as an organization whose function is to use the required information to cellulose to offer society with merchandise that meet their wants, enhance the atmosphere and collaborate to the sustainability of the planet”, defines Mercader Barata.
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