• Revenues: € 81.9 million (+0.1% vs. € 81.8 million at 31.03.2023)
• EBITDA: € 7.3 million (-0.5% vs. € 7.4 million at 31.03.2023)
• EBIT: € 3.6 million (+17% vs. € 3.1 million at 31.03.2023)
• Net profit: € 1.9 million (+19.8% vs. € 1.6 million at 31.03.2023)
• Net financial debt (before IFRS 16) equal to € -41.2 million, compared to € -41.5 million at the end of 2023
Turin, 14 May 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 under the chairmanship of Angelo Mastrolia, approved the results as at 31 March 2024.
The Company recorded revenues of € 81.9 million in the first quarter of 2024, compared to € 81.8 million in the same period of 2023, with a growth of +0.1%.
EBITDA as at 31 March 2024 amounted to € 7.3 million, in line compared to the figure recorded in the first quarter of last year, equal to € 7.4 million. The EBITDA margin of 8.9% appears in line compared to the EBITDA margin reported in the first quarter of 2023.
EBIT in the first quarter of 2024 grows by +17% and is equal to € 3.6 million, compared to € 3.1 million recorded in the same period of the previous year.
CLI recorded, as a pre-tax result, € 2.6 million, compared to € 2.3 million in the first quarter of last year.
Net profit was € 1.9 million, recording a growth of +19.8% compared to € 1.6 million in the first quarter of 2023.
The net financial position is in line with what was recorded in 2023, going from € 41.5 million, as at 31 December 2023, to € 41.2 million, as at 31 March 2024.
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This press release is available on the Company’s website https://centralelatteitalia.com/financial/investor-relations/press-release-and-notification/ and on the authorised storage mechanism eMarket Storage at the following address www.emarketstorage.com.
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