Viscofan traded at 55.50 this Monday February 2nd, decreasing 0.90 or 1.60 percent since the previous trading session. Looking back, over the last four weeks, Viscofan lost 2.97 percent. Over the last 12 months, its price fell by 8.26 percent. Looking ahead, we forecast Viscofan to be priced at 54.88 by the end of this quarter and at 50.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
Viscofan SA is a Spain-based company engaged in the packaging industry, mainly for meat products. The Company focuses on the manufacture and distribution of artificial castings, as well as plastic films that are used for separation of sliced food. Its products range includes cellulose, collagen, fibrous and plastic castings. In addition, it designs and produces packing machinery, as well as provides related spare parts. The Company also sells electric power, which is produced by cogeneration systems. The Company operates manufacturing plants and sales offices in Spain, Serbia, Czech Republic, Germany, Brazil, Mexico, Uruguay, China and the United States, among others. It controls a number of subsidiaries, such as Nanopack, Technology and Packaging SL, Naturin Viscofan GmbH and Viscofan Centroamerica Comercial SA.