- Revenues: € 78.1 million vs. € 81.9 million at 31.03.2024
- EBITDA: € 6.8 million vs. € 7.3 million at 31.03.2024
- EBIT: € 3.9 million (+7% vs. € 3.6 million at 31.03.2024)
- Net profit: € 2.2 million (+19% vs. € 1.9 million at 31.03.2024)
- Net financial debt (before IFRS 16) equal to € -35.5 million, a visible improvement compared to € -38 million at the end of 2024
Turin, 15 May 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 under the chairmanship of Angelo Mastrolia, approved the results as at 31 March 2025.
The Company recorded revenues of € 78.1 million in the first quarter of 2025, compared to € 81.9 million in the same period of 2024, slightly down of -4.8%. This decline was mainly driven by the deflationary period and the resulting reduction in the average selling price, which positively impacted the cost of goods sold. The latter accounted for 77% of revenues in the first quarter of 2025, compared to 80% in the first quarter of 2024.EBITDA as at 31 March 2025 amounted to € 6.8 million, slightly down compared to the figure recorded in the first quarter of last year, equal to € 7.3 million. The EBITDA margin of 8.8% appears in line compared to the EBITDA margin reported in the first quarter of 2024.
EBIT in the first quarter of 2025 grows by +7% and is equal to € 3.9 million, compared to € 3.6 million recorded in the same period of the previous year.
CLI recorded, as a pre-tax result, € 3.1 million, compared to € 2.6 million in the first quarter of last year.
Net profit was € 2.2 million, recording a growth of +19% compared to € 1.9 million in the first quarter of 2024.
Net financial debt shows a significant improvement compared to the figure recorded at 31 December 2024, going from € 38 million to € 35.5 million at 31 March 2025.