•Revenues: € 349.7 million (+4.7% vs. € 333.9 million at 31.12.2023).
•EBITDA: € 25.2 million (+0.2% vs. € 25.2 million in 2023).
•EBITDA margin 7.2% vs. 7.5% in 2023.
•EBIT: € 9.7 million (+11.3% vs. € 8.7 million in 2023).
•Strong growth of +49.4% in net profit (€ 4.4 million vs. € 3 million in 2023).
•Net Debt: € 38 million (a marked improvement vs. € 41.5 million in 2023).

Turin, 18 March 2025 – 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 2024.
CLI closes the year 2024 with revenues of € 349.7 million, up 4.7% compared to € 333.9 million in 2023, thanks to the combined effect of organic growth and a higher selling price due to the inflationary effects that characterized the milk and dairy products market especially in the second part of the year.
EBITDA was equal to € 25.2 million, stable compared to the data recorded as at 31 December 2023 (which was equal to € 25.2 million), thanks to the Company’s ability to almost entirely reverse the increases recorded in the purchase of raw materials in the milk, butter and cream market.
EBIT was € 9.7 million, with an increase of 11.3% compared to the result recorded in previous year of € 8.7 million.
The Company closed with a net profit for the year of € 4.4 million, a clear improvement of 49.4% compared to the net profit recorded in the previous year equal to € 2.9 million.
The net debt improved markedly by approximately € 3.5 million: from € 41.5 million in 2023 to € 38 million at the end of 2024, mainly due to the Company’s ability to generate cash from operating activities. If we consider the purchase of own shares during the financial year, the net financial position would improve by approximately Euro 6.2 million.
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 leading multinational, multi-brand, multi-product, and multi-channel player in the Italian and European food & beverage sector, with a portfolio of over 30 historic and internationally recognized brands. The Group holds leading positions in various categories, including pasta and baked goods, dairy products, fish and canned foods, soft drinks and juices, edible oils, ready meals, and specialty products such as infant nutrition and wellness foods.
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
Mob. +393346801664
Email fabio.fazzari@newlat.com

Press
Alice Brambilla
Barabino & Partners
Tel +39 02 72023535
Cell +39 3282668196
Email a.brambilla@barabino.it

Virginia Bertè
Barabino & Partners
Tel +39 02 72023535
Cell +39 342 9787585
Email v.berte@barabino.it