As we pointed out in our last post, ‘2023 – our year in review‘, 2023 has certainly been a year of ongoing challenges for a young and fast-growing company like ours.
Strong demand, particularly for our product line of fibers, the commitment of our distribution partners and our valued customers’ confidence in our ability, reliability and flexibility made 2023 a truly successful and satisfying year in sales for PEKTOS AG.
Therefore, planning and budgeting for 2024 was a critical company exercise, especially because of our 2024 budget with a 2-digit sales volume growth based on the forecasts we received from our distributors and customers.
The sugar beet, citrus, carrot and apple harvest campaigns have been completed. We are extremely pleased that we have secured and received all our planned quantities of raw materials in our warehouses.
Investment in machinery and equipment will be ongoing to optimize production and increase capacity.
We are looking forward to another year of strong growth and expansion into new markets.