CENTRALE DEL LATTE D’ITALIA S.p.A.: net revenue at 31 August 2017 up again compared to the same period of 2016.

“At 31 August 2017 Centrale del Latte d’Italia S.p.A. registered an increase of around 90% in its consolidated net revenue compared to the same period of the previous year, confirming the trend already recorded in 1H 2017, which closed with consolidated net revenue of € 90.5 million”.

This is what Luigi Luzzati, Chairman of Centrale del Latte d’Italia Group, told investors at the Italian Stock Market Opportunities event organized by Banca Imi, which was held today in Milan at the Fondazione Cariplo.

One year after the business combination between Centrale del Latte di Torino and Centrale del Latte di Firenze, today Centrale del Latte d’Italia is the third player in Italy on the fresh and ESL milk market, with leadership positions in Piemonte, Liguria, Tuscany and Veneto.

The Chairman emphasised the fact that the results obtained during this period confirm the validity of the project in terms of commercial and industrial synergies, laying solid foundations for the Group’s future growth.

“A comparison would show that, on a like-for-like basis compared to the pre-merger period, the Group’s net revenue at 31 August 2017 is up by more than 6% compared to the figure recorded in the same period of the previous year” concluded Luigi Luzzati.

With 5 factories and some 450 employees, the Group produces and sells more than 120 products, ranging from milk and milk products to yogurt, drinks of plant origin and fresh salads, distributed in the pertinent areas under the brand names TappoRosso, Mukki, Tigullio and Vicenza and sold both in traditional shops and large retail chains.

Centrale del Latte d’Italia S.p.A. has been listed since 2001 on the STAR segment, organized and managed by Borsa Italiana S.p.A..

Contacts: Barabino & Partners
Donata Astengo
e-mail: d.astengo@barabino.it
Tel. 010.272.50.48
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