Spanish food group Ybarra, which makes olive oil and table condiments, expects 2006 revenues to rise 15%, helped in part by the launch of Ybarra Gourmet, a line of frozen and prepared foods.
The Seville-based company is also eyeing acquisitions, mainly in its home market, and hopes to grow its exports, according to local press reports citing president Jaime Ybarra.
Ybarra’s biggest foreign markets are the US, Norway, the Middle East, Japan, Russia and Latin America.
With two factories in Spain, Ybarra makes canned goods, table condiments and sauces. It boasts of being Spain’s third-largest olive oil producer.