A.V.O.D. Dried Foods & Produce

A.V.O.D. Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret A.S. is a food company producing dried vegetables and processed agricultural products. With its headquarters and production facility in Menemen, Izmir, the company has its shares traded on Borsa Istanbul under the ticker AVOD.

At the heart of the product range are sun-dried tomatoes made from tomatoes grown in the Aegean region and semi-dried tomatoes produced with a new oven-drying system. The company also makes sauces and bruschetta varieties, fermented vegetables and fire-roasted products, offered in different packaging options to retail customers as well as to the food industry and food-service clients. Its business description on KAP, Turkey's Public Disclosure Platform, covers the manufacture and sale of frozen or dried fruit and vegetables, and the company also has an affiliate engaged in dried tomato production and wholesale trade. Its sustainability policy and reports are published separately on the corporate website.

For dried food exporters, the volume and price of the tomato harvest, climate conditions, euro and dollar exchange rates, food demand in Europe, and energy and packaging costs determine margins. The need to build up inventory during the harvest season can raise working-capital needs and financing costs. The AVOD page on Lzzo.com offers the price history and a comparison with similar food shares.