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Profand’s earnings drop 19% after not passing on higher costs to consumers

Profand, a key supplier to Mercadona, Spain's largest retailer, saw its earnings drop 19% in 2022 due to higher costs which the company did not pass on

By Tom Seaman | June 1, 2023 10:36 BST
Octopus processing at Grupo Profand's Vilagarcia plant. Credit: Profand
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Profand Fishing Holding saw its earnings drop 19% in 2022 due to higher costs which the company did not pass on [...]

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