Centrale del Latte d'Italia S p A : D’ITALIA S.P.A. APPROVES THE INTERIM REPORT AS AT 31 MARCH 2024

• 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.