• Revenues: € 333.9 million (+8.1% vs. € 309 million at 31.12.2022).
  • EBITDA: € 25.2 million (+27.2% vs. € 19.8 million in 2022); EBITDA margin 7.5% vs. 6.4% in 2022
  • EBIT: € 8.7 million (+225.1% vs. € 2.7 million in 2022)
  • Net profit: € 3 million vs. Euro 154,3 thousand in 2022.
  • Net Debt: € 41.5 million (a marked improvement vs. € 58.7 million in 2022)

Turin, 19 March 2024 – The Board of Directors of Centrale del Latte d’Italia S.p.A. (“CLI” or the “Company”) – the third Italian operator in the fresh and long-life milk market – which met today, under the chairmanship of Angelo Mastrolia, approved the Draft Financial Statements for the year ended 31 December 2023.
CLI closes the year 2023 with revenues of € 333.9 million, up 8.1% compared to € 309 million in the year 2022, thanks to the combined effect of organic growth and better conditions of sale, more favorable in terms of sale price compared to the previous year.
EBITDA was equal to € 25.2 million, a clear improvement of 27.2% compared to € 19.8 million in 2022, thanks to the Company’s ability to obtain an improvement in conditions in the supply chain.
EBIT was € 8.7 million, a clear increase of 225.1% compared to the result recorded in previous year of € 2.7 million.
The Company closed with a net profit for the year of € 2.96 million, compared to the net profit recorded in the previous year equal to € 154 thousand.
The net debt improved markedly by approximately € 17.2 million: from € 58.7 million in 2022 to € 41.5 million at the end of 2023, mainly thanks to the Company’s ability to generate cash from operating activities.
The ND / Net Equity ratio is below 1. The positive change was mainly affected by the good operating performance of the Company.

The Centrale del Latte d’Italia Group and Newlat Food, majority shareholder since 1 April 2020, today
represent the third Italian operator in the Milk & Dairy sector.
Newlat Food is a successful industrial Group, leader in the agri-food sector, present in 60 countries with
dairy products, pasta and bakery, gluten-free products and baby food.
With 7 factories and circa 650 employees, Centrale del Latte d’Italia Group produces and sells more than
120 products, ranging from milk and milk products to yogurt and drinks of plant origin and dairy distributed by
traditional shops and large retail chains in the pertinent areas under several brands names TappoRosso,
Polenghi, Mukki, Tigullio, Vicenza, Giglio, Salerno, Matese, Ala, Torre in Pietra, Optimus, Fior di Salento.

FOR MORE INFORMATION:
Investors

Fabio Fazzari
CLI Investor Relator
fabio.fazzari@newlat.com
Cell.: +393346801664

Marco Trevisan
Barabino & Partners
m.trevisan@barabino.it
Tel. +39 0102725048
Mob. +39 3474729634

Alice Brambilla
Barabino & Partners
a.brambilla@barabino.it
Tel. 02 72023535
Cell: 328.266.81.96