Asfertglobal, a Portuguese multinational dedicated to the development and marketing of biofertilizers, biostimulants, and biocontrol products, has increased its sales volume by 20% in the first half of 2022.
The increase in turnover was motivated by their strong entry into the Mexican,US, Honduran, and Nicaraguan markets as well as the substantial 13%, 54%, and 160% increase in sales in Portugal, Italy, and France, respectively, over the same period of the previous year.
"Asfertglobal has strengthened the turnover of biofertilizers, tripling sales in this first half of the year. We are well positioned to lead this market, with biological alternatives that allow reducing the chemical fertilization of synthesis and, consequently, the negative effects on biodiversity and the climate. We'll continue to research and develop effective, residue-free products and make the best of our unique proximity to the customer," stated Joel Jeroanimo, CEO of Asfertglobal.
Despite the complicated global macroeconomic environment, Asfertglobal and its entire team have shown resilience to the impact of the pandemic, the war, and the shortage of raw materials, managing to maintain a strong growth dynamic and stable sales in the different markets.
The company's strong and continuous growth dynamics are due to its evolution and research capacity. The company will continue working in collaboration with the Faculty of Sciences of the University of Lisbon to strengthen the pipeline of innovative products, always maintaining the sustainability of their solutions.
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