Centrale del Latte d'Italia S p A : The B.o.D. of Centrale del Latte d’Italia S.p.A. approves the financial report as at 31 december 2021

• 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