Agua de Cuevas turnover increases by 6%, reaching 7 million euros in 2017

CompanyEconomy
Agua de Cuevas resultados 2017

Last year, Agua de Cuevas bottled 39.4 million litres of mineral water at its facilities in Felechosa (Asturias). 

During that period, there was an investment of 188,000 euros to improve the facilities and renew machinery that will allow greater flexibility of formats.

Agua de Cuevas resultados 2017

In 2017, Agua de Cuevas bottled a total of 39.4 million litres of mineral water at its facilities in Felechosa (Asturias), obtaining a turnover of 7 million euros, 6% more than in previous years. A total of 16 people work at the bottling plant.

Last year, an investment of 188,000 euros was made in the Agua de Cuevas bottling plant, with the main aim of improving the facilities and adding machines that will allow greater flexibility in formats, in response to the mineral water market demand.

This investment is part of a global modernisation project at the spring that was started in recent years, and in which there has already been an investment of over a million euros.

Álvaro García de Quevedo, Mineral Water Business Manager at Hijos de Rivera, said “in recent years we have made a great effort to provide Agua de Cuevas with the best facilities in order to be able to respond to the demands of the mineral water market, which will allow us to face the future with the necessary resources to continue to grow.”

Agua de Cuevas resultados 2017

This mineral water brand has become consolidated as off-trade leader in Asturias. In recent years, it has strengthened its position on the shelves, and has carried out a campaign to strengthen its relationship with the consumer in Asturias with the slogan “En Asturias nos cuidamos así” (“This is how we look after ourselves in Asturias”). Hence, we have seen Agua de Cuevas linked to such important events in Asturias like the Descenso del Sella and the Princess of Asturias Prizes. Also, in 2017 the hugely successful children’s licence of the reference series on Clan TV,  Ben&Holly, meant the launch of a 33cl format with an ideal top for children.

About Agua de Cuevas

Agua de Cuevas is part of the Hijos de Rivera natural mineral water portfolio. This water from Asturias, whose source is the Felechosa spring in Puerto de San Isidro, is bottled at 800 metres. Its low sodium content makes it ideal for good health and when doing sport.

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N34 - DICIEMBRE 2019

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