• Revenues: € 283.4 million (+57% vs. € 180.6 million at 31.12.2020)
  • EBITDA: € 22.1 million (+21% vs. € 18.3 million at 31.12.2020)
  • EBIT : € 5.1 million
  • Net profit: € 2.3 million
    Net Financial Position: € -52.7 million (vs. € -61.9 million at 31.12.2020)

Turin, 18 March 2022 – 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, listed on the STAR segment of the Italian Stock Exchange – which met today, under the chairmanship of Angelo Mastrolia, approved the results as at 31 December 2022.

CLI closes the year 2021 with revenues of € 283.4 million, up +57% compared to € 180.6 million in the year 2020, thanks to the contribution of the Milk&Dairy branch leased from the parent company Newlat Food S.p.A.

EBITDA was equal to € 22.1 million, an improvement (+21%) compared to € 18.3 million in 2020, thanks to the contribution of the Milk&Dairy branch leased from the parent company Newlat Food S.p.A.

EBIT was positive by € 5.1 million, a trend that is confirmed as positive thanks to the synergies achieved with the entry into the Newlat Group.
Net profit is equal to € 2.3 million.

Net financial position improved by approximately € 9.2 million: it went from €-61.9 million in 2020 to €-52.7 million at the end of 2021.

The NFP / Net Equity ratio is equal to 1. The positive change was mainly affected by the positive operating performance of the Company.
Revenues by product family

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 FURTHER INFORMATION:

Investors

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

Roberto Stasio
Barabino & Partners
Tel +39 010/2725048
Cell +39 3355332483
Email r.stasio@barabino.it

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