Inapa Angola posts profit in 2012

18 March 2013

Inapa Angola, a subsidiary of Portuguese paper group Inapa, posted a profit in 2012 for the first time since it was founded in 2009, said the company’s managing director.

Horácio Fonseca also told Portuguese weekly newspaper Sol that the company planned soon to offer products of a greater added value and quality to respond to the greater demands of the Angolan market.

The company, which has been operating in Angola since October 2009, mainly distributes paper to printers, saw its turnover rise 20 percent in 2012 to around 2.3 million euros, with the sale of 800 tons of paper, and posted a profit that the manager preferred not to specify.

Inapa Angola, which is 100 percent controlled by the Portuguese group, is this year expected to post a 15 percent increase in turnover, by providing some of the most important printers i the market, such as Imprensa Nacional, Dahmer, Litotipo and Edições de Angola.

This year, he said, Inapa Angola would start offering better quality paper, particularly for printing books and “couché” paper for catalogues, bi-fold and tri-fold leaflets for companies and advertising agencies and in the second half of the year plans to start supplying consumables – machinery cleaning materials, ink etc.– for the printing industry.

“The market is more demanding and we adapt what we offer based on our customers’ needs,” said Fonseca, who said that the current 1,000 square metre warehouse in Viana, on the outskirts of Luanda, would be expanded due to market growth. (macauhub)