BUENCAFÉ REPORTS BEST FIRST HALF OF ITS HISTORY

January 27, 2022
Buencafé Reports Best First Half Of Its History

Share:

Share on facebook
Share on twitter
Share on linkedin
  • Between January and June 2020, it reached sales of USD 78.4 million, up 10% from the USD 71.3 million of first half of 2019.
  • As part of the FNC, all profits of the freeze-dried coffee factory are reinvested in public goods and services that benefit all coffee growers.

Bogotá, July 9, 2020 (FNC Press Office)- In the midst of the covid-19 pandemic, the Buencafé freeze-dried coffee factory, owned by the Colombian coffee growers (in whom it reinvests all its profits), reported today the best first half of its history.

Between January and June, it achieved sales of USD 78.4 million, up 10% compared to USD 71.3 million in the first half of 2019.

In these results, the work team played a key role to never stop operations, acting quickly and assertively in design and implementation of health care protocols for employees, whose commitment and optimism has also been crucial.

These good results were favored by an increased share of sales of freeze-dried coffee jars (45% vs. 37% in 2019), 70% more sales of extract, and record sales of the Buendía brand (19% more than in 2019), all as a result of the revision of its commercial strategy to take advantage of new market opportunities.

“Incredible! The freeze-dried coffee factory, which belongs to the Colombian coffee growers, yields such results in the middle of a pandemic year. What a pride for them and the union as a whole,” the Colombian Coffee Growers Federation (FNC) CEO, Roberto Vélez, said.

The results were also possible thanks to higher coffee consumption at home (an optimal space for soluble coffee), the completed expansion of the plant to meet growing demand, operational excellence, and strengthening of the added-value strategy.

Buencafé closed 2019 with sales of 12,836 tons, 1.6% more than in 2018, and its flagship brand Buendía grew double-digit in Ecuador and Colombia, where it consolidated as the fastest growing brand.

With clear commitment to sustainability, Buencafé is also at the forefront in environmental matters, as it reuses all coffee grounds as fuel for its boilers, which translates into considerable savings, and has significantly reduced emissions and wastewater discharges.

As part of the FNC, all Buencafé profits are reinvested in the National Coffee Fund (FoNC), which finances public coffee goods and services, as well as programs, that improve producers’ living conditions.

In 2019, the FoNC financed public coffee goods and services worth almost COP 415.3 billion (USD 126.6 million), 8% more than the previous year.

Related articles

Chinchiná, Caldas, August 9, 2022 Buencafé freeze-dried of Colombia presents its prototype lid for coffee jars, made from avocado pits. With this biodegradable material, the

Starting the day with a steaming cup of coffee wakes the senses and feels like the hug of a new beginning. The health benefits this

The “100% Colombian Coffee” logo is the seal of origin of the most recognized coffee in the United States, the result of years of positioning

Chinchiná, Caldas, August 9, 2022 Buencafé freeze-dried of Colombia presents its prototype lid for coffee jars, made from avocado pits. With this biodegradable material, the

Colombian Coffee

The Colombian Coffee logo with its distinctive triangle is symbolic of the Colombian coffee producer who works hard, produces a quality product, does things right, and brings an authentic product to market.

Halal

We satisfy the needs of Muslim consumers with the continuous and consistent production of Halal products.

BASC

With the BASC certification, we assure our clients and control entities of the confidence and security in our production chain, and in our overseeing and controlling of the production, packaging, and transportation processes of our product against illicit trafficking.

BRC British Retail Consortium

Supported in GFSI systems, recognized internationally, we produce safe, authentic and high-quality food products satisfying the needs of our clients and markets.

IFS

Our risk-based focus allows production of safe and high-quality products offering confidence and recognition for our clients.

ISO 22000

Our safety system is based on the analysis of hazards and critical control points (APPCC), always incorporating Good Manufacturing Practices.

ISO 9001

We offer reliable products to our clients, complying with the highest quality standards with which our products are processed by committed, responsible and highly trained personnel.

ISO 14001

We guarantee that our product is processed with ecological conscientiousness, conserving the environment and natural resources.

ISO 45001

At Buencafé we utilize work practices that continually reduce risks, always taking into account the safety of those we work with.

Fairtrade

At Buencafé we produce socially responsible products contributing to the improvement of the quality of life for coffee producers, guaranteeing fair prices, good working conditions and a sustainable environment.

Rainforest

We support sustainable agriculture via sourcing and the transformation of Rainforest certified coffee.

NONGMO

With the NON GMO Project certificate, we offer our clients the guarantee that our products are not genetically modified at any point during processing from seed to market.

United States Organic

At Buencafé we are aware of the environment. That’s why we’re aligned with the most rigorous organic agricultural standards which allows us to reach our different international markets, including the United States market.

European Organic

At Buencafé we are aware of the environment. That’s why we’re aligned with the most rigorous organic agricultural standards which allows us to reach our different international markets, including the European market.

Taiwanese Organic

At Buencafé we are aware of the environment. That’s why we’re aligned with the most rigorous organic agricultural standards which allows us to reach our different international markets, including the Taiwanese market.

South Korean Organic

At Buencafé we are aware of the environment. That’s why we’re aligned with the most rigorous organic agricultural standards which allows us to reach our different international markets, including the South Korean market.

Mexican Organic

At Buencafé we are aware of the environment. That’s why we’re aligned with the most rigorous organic agricultural standards which allows us to reach our different international markets, including the Mexican market.

Colombian Organic

At Buencafé we are aware of the environment. That’s why we’re aligned with the most rigorous organic agricultural standards which allows us to reach our different international markets, including the Colombian market. At Buencafé we utilize green coffee which complies with the productive practices that protect the environment in accordance with Colombian regulations.

Colombian Coffee

We utilize the geographic indication as a guaranty of origin guaranteeing the authenticity of the product and complying with the quality standards of Colombian coffee. In 2007, Colombian coffee was recognized by the European Union Commission as a protected geographical product. In 2013 the Swiss government conferred that same protection to Colombian Coffee.

Denomination of origin

We utilize a certificate of origin for 100% Colombian coffee. This seal is used to highlight the quality recognized in Colombian coffee

Kosher

We satisfy the needs of the Jewish community with the continuous and consistent production of Kosher products.

Japanese Organic

At Buencafé we are aware of the environment. That’s why we’re aligned with the most rigorous organic agricultural standards which allows us to reach our different international markets, including the Japanese market.

Letter from our Director

At Buencafé we have been conscious of sustainability since our beginning, when the term had just begun to be mentioned in the world.  

Over our 49-year history, the factory has had four expansions (1983, 1997, 2008 and 2019). The technology behind production processes has been updated and perfected. Production has increased, diversifying and innovating the product portfolio andour commercial scope has expanded. We’ve achieved national and international certifications for our products and for our quality, safety, environmental management, and occupational health and safety management systems, among others. Buencafé was the first Colombian business certified in ISO 14001 and nowadays has 25 different certifications.

The commitment today is consolidating sustainability in each and every initiative we propose, tackling the creation of sustainable value in the three essential pillars: economic, social and environmental.

“Living optimism as a transformative force to create sustainable value in the world of coffee” is the highest goal that guides our daily actions. Is the center of our culture, our decisions, our strategy, our style, our conversations and relationships. Is how we  inspire others and multiply the impact of everything we do.

I invite you to learn about our sustainability path.