, Singapore
Shutterstock photo

IlaoIlao posts $60.4m net turnover in 2023

The total global sales to end customers in 2023 reached $152.9m.

Spanish frozen yogurt brand IlaoIlao reported a net turnover of $60.4m for the fiscal year ending in 2023, a 43% surge compared to the previous year. 

The total global sales to end customers in 2023 reached $152.9m, reflecting a 31% growth compared to the previous year. About 55% of these sales originated from outlets in Asia.

At the end of 2023, llaollao boasted 396 stores worldwide, marking a 34% growth. 

The brand's presence in Spain comprises 145 points of sale, with 50% being company-owned stores. Internationally, llaollao has significantly expanded its footprint, particularly in key markets such as Malaysia, Indonesia, Singapore, and the Philippines.

“The brand will continue to generate a profit and increase market share through solid organic growth with new openings,” said Pedro Espinosa, co-founder and CEO of llaollao. “Furthermore, these figures reinforce our intention to continue analysing all growth opportunities in new markets that make strategic sense, always prioritizing the profitability of our points of sale.”
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Event News

Event News

SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd Cards & Payments
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.
Cards & Payments SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.