Pastry Factory revenue up 40% in 2016 and projected growth of 93% for 2017
Pastry Factory, a Catalan company specialising in artisan frozen pastries, has just announced its latest revenue figures. Since 2014, when two new partners joined the company, it has significantly increased both its business volume and staff (from 5 to 17 employees). Located in Sant Quirze del Vallès (Barcelona), Pastry Factory saw total revenue of €1,050,000 in 2016, up 40% from 2015 (€750,000). The projected growth for 2017 is 93%, to €2,080,000.
On the logistics front, as part of its expansion, Pastry Factory expects to invest €2.5 million to build a new 4,500-m² factory in Sant Quirze del Vallès. To optimise the pastry-making process, the new plant will have specialised machinery valued at €800,000 and a series of innovative spaces that can control the temperature, humidity and even number of particles in motion while creating a specific product. With these advances, Pastry Factory will become the first Spanish pastry company to have an ISO8 factory in which to create all its products.
Pastry Factory currently offers more than 90 different types of pastries and seasonal products, which are distributed both through traditional channels and retail, through its two brands: Pastry Factory and Fidelia. In 2015, the company launched a third brand, Santa, especially for the aisles of Mercadona. The quality and wide range of products Pastry Factory offers have led this massive distribution company to include Pastry Factory among its official suppliers, with an ever-increasing volume of orders.
Given its international vocation, exports also play a key role in the company’s expansion plan. Pastry Factory exports to European countries like Italy and Germany, but its aim is to continue expanding its international presence, above all in the European and Asian markets. Its presence at fairs, like Tuttofood (Milan), is clear proof of its desire to conquer other markets. On a national level, the company already has plans to attend the upcoming Alimentaria fair (Barcelona), which will take place in April 2018.