Longino & Cardenal Spa · MIL:LON
Longino & Cardenal Spa — Investor Day (February 2026)
19 slides from Longino & Cardenal Spa's investor day presentation, Feb 26, 2026
Slide 1: Longino & Cardenal – A Platform of Food Excellence
LONGINO & CARDENAL A Platform of Food Excellence Ready for Global Scalability Investor Day – Dubai
Slide 2: Over 30 Years of Excellence in Premium Food
WHO WE ARE Over 30 Years of Excellence in Premium Food Longino & Cardenal is the reference distributor for rare and precious ingredients destined for high-end cuisine. For over three decades, we have served Michelin-starred restaurants, luxury hotels, and elite gastronomy professionals worldwide. We
Slide 3: Our Mission
Our Mission Synonym for Excellence Anticipate Trends Lasting Relationships To be the most trusted name in the To identify trends before they To build long-term partnerships international premium food & become mainstream, bringing based on trust, quality, and shared beverage market innovation to our
Slide 4: Our Growth Journey
Our Growth Journey 01 01 1988 - Foundation 2018 - Listing on Italian Stock Exchange EGM segment 02 02 1993 - New entrepreneurial leadership 2019 - New York branch opening 03 03 2013 - Hong Kong branch opening 2020 - Digital transformation and E-commerce launch 04 04 2015 - Dubai branch opening 2024
Slide 5: Il Satiro Danzante – Excellence of the Sea from Mazara del Vallo
Il Satiro Danzante Excellence of the Sea from Mazara del Vallo Vertical Integration in Mediterranean Premium Seafood About Us Operates with the brand Don Gambero. A Sicilian company specializing in premium Mediterranean seafood from Mazara del Vallo. Mazara Red Prawn New Facility 2023 Vertical Integ
Slide 6: New Fish Processing Department
New Fish Processing Department Strategic Expansion into the Fresh Fish Market A dedicated fish processing department is nearing completion, representing a strategic evolution of our business model in the seafood segment. Entry into the Fresh Fish Premium Preparations and Complete Vertical Integratio
Slide 7: Distinct Market Positioning
Distinct Market Positioning Rare and High-Value Products We exclusively select unique ingredients, difficult to source, with superior organoleptic characteristics Strong Brand Identity Our brand is a recognized guarantee of absolute quality in the luxury food segment Strategic Partnerships Consolida
Slide 8: Our Business Model
Our Business Model Value Creation at Every Level We operate as a strategic bridge between excellent producers and international high cuisine, creating tangible value for both parties. • Scouting and selection of excellent niche producers Excellence Longino & Cardenal Premium Clients • International
Slide 9: Digitalized Multi-Channel Sales System
Digitalized Multi-Channel Sales System Technology at the Service of Excellence Our digital infrastructure integrates operational efficiency and personalized service, allowing customers to order through the channel best suited to their needs. Digitalized Agent Network Self-Service B2B Platform Alice,
Slide 10: ShopLongino
ShopLongino Longino Excellence Also for Private Customers International Presence Strategic Value • Italy • Hong Kong New Premium Consumer Brand Valorization • Dubai Channel Extension of premium positioning Growth in the private segment Curated Offering • High-end seafood and meats • Selected gourmet
Slide 11: Why They Choose Us
Why They Choose Us Premium Suppliers Exceptional Clients Access to International Clients Guaranteed Quality Global network of Michelin-starred restaurants Rigorous selection and complete traceability and luxury hotels Brand Consolidation Exclusive Products Visibility and positioning in the premium s
Slide 12: Market Opportunity and Global Footprint
Market Opportunity and Global Footprint Highly Selective Market Italy has over 150,000 restaurants. Our real addressable market is represented by the top 7–10%: approximately 10,000–15,000 high-level establishments. We currently serve over 4,000 active clients. We are selective by strategic choice a
Slide 13: Dubai – Strategic Growth Accelerator
Dubai Strategic Growth Accelerator Luxury Hospitality Ecosystem Exceptional concentration of 5-star hotels and elite restaurants Global Gastronomic Hub Leading international chefs and brands High Purchasing Power Clientele with high spending capacity for excellence
Slide 14: Why Invest in Longino & Cardenal
Why Invest in Longino & Cardenal Exclusive Premium Positioning Consolidated Brand Authority Proven International Model Operating in the high-margin luxury 30+ years of recognized excellence Replicable expansion in key markets segment High-Value Niche Scalable Structure Entrepreneurial Leadership Hig
Slide 15: Financial highlights
Financial highlights Consolidated revenues (€ mln) €) Adj Consolidated Ebitda (€ thousands) €) Consolidated revenues • FY 2024: Consolidated revenues €36.9M vs €35.8M, + 3,1% compared with PY. First half Net of NY 2025 turnover was € 16,8 compared with €17,3M in the first half 2024. 35,8 36,9 805 88
Slide 16: EBITDA, profitability
EBITDA, profitability Contribution margin • From 2023 to first half 2025 we highligt the recover of contribution margin as % of sales (from 23.3% to 24.6%). This thanks to the capability to increase the pricing, given the brand awareness and quality of the products. • Net of NY effect, the contribut
Slide 17: Key Financials - economics
Key Financials - economics Net of NY structure (thousands of €) 2023 % 2024 % Delta % vs 2023 I half 2024 % I half 2025 % I half 2025 % Delta % vs I half 2024 Revenues 35.787 36.887 3,1% 17.288 16.837 -2,6% 16.432 Contribution margin 8.341 23,3% 8.904 24,1% 4.345 25,1% 4.144 24,6% 4.154 25,3% Fixed
Slide 18: Key Financials – Balance Sheet
Key Financials – Balance Sheet thousands of euro 30.06.2025 31.12.2024 30.06.2024 Non-current assets 4.939.050 5.179.654 5.357.224 Net working capital (AR, AP, 4.341.312 5.300.959 6.170.926 inventory…) Provisions -1.064.770 -1.132.718 -1.113.017 Total invested capital 8.215.592 9.347.895 10.415.133
Slide 19: Longino & Cardenal
LONGINO CARDENAL Cibi Rari e Preziosi