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    NWL   IT0005385213

NEWLAT FOOD S.P.A.

(NWL)
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Newlat Food S p A : Granfetta commercial airs on tv

09/27/2021 | 03:22am EST

Head office: Via J. F. Kennedy, 16 - 42124 Reggio Emilia - Telephone: 0522.7901 Fax: 0522.7902666

Share Capital € 43,935,050.00 fully paid-up - Economic and Administrative Index of Reggio Emilia (REA) no. 277595 - VAT and Tax ID 00183410653

Company subject to management annd coordination by Newlat Group S.A. pursuant to articles 2497 et seq. of the Ittalian Civil Code.

PRESS RELEASE

GRANNFETTA COMMERCIAL AIRS ON TV

Reggio Emilia, 27 September 2021 - Newlat Food S.p.A. ("Newlat Food" or the "Company") announces that from the 26th of September a new commercial for the relaunch of its iconnic Granfetta® rusks - the Italian breakfast staple loved by all - will air on all Mediaset channels for a periood of four weeks.

This commercial is the first step of a communication campaign aimed at pushing the product's brand awareness, characterized by its iconiic round shape and its fragrant texture. The commercial, with a fresh and fun tone, plays on the repetition and explanation of what exactly the particularities that characterize this rusk are, making it clear why it desserves to be called a "gran fetta" (meaning "greaat rusk"). The campaign will be extended to major media pllatforms such as Facebook, Instagram, Youtube, a website dedicated to the product, food websites and radio.

Angelo Mastrolia, Executive President of Newlat Food, announces: "This commercial is only the first step of a series of activities that will innvolve the Granfetta® brand in the coming months, with the aim of relaunching the entire range among retailers and consumers."

* * *

This press release is available on the Company's website www.newlat.itand onn the authorized storage mechanism eMarketstorage at the foollowing address www.emarketstorage.com.

* * *

FOR MORE INFORMATION:

Investors

Benedetta Mastrolia

NEWLAT FOOD INVESTOR RELATOR

Mob. +393319559164

investors@newlat.com

Press Office

Roberto Stasio

BARABINO & PARTNERS

Tel. 010/2725048

Mob. +393355332483

r.stasio@barabino.it

Head office: Via J. F. Kennedy, 16 - 42124 Reggio Emilia - Telephone: 0522.7901 Fax: 0522.7902666

Share Capital € 43,935,050.00 fully paid-up - Economic and Administrative Index of Reggio Emilia (REA) no. 277595 - VAT and Tax ID 00183410653

Company subject to management annd coordination by Newlat Group S.A. pursuant to articles 2497 et seq. of the Ittalian Civil Code.

Alice Brambilla

BARABINO & PARTNERS

Tel. 02/72023535

Mob. +393282668196

a.brambilla@barabino.it

* * *

The Newlat Group

The Newlat Group is a relevant multinational, multi-brand and multi-channel player in the Italian and European agri-food sector, havingg a large portfolio of products and brands well known in Italy and internationally. The Newlat Group holds a consolidated positioning in the Italian and German markets and sale products in more than 60 counntries. The Newlat Group is mainly active in the pasta, dairy, bakery and special products sectors, and in partticular in the health & wellness, gluten free and baby food sectors.

For more information, visit our webbsite www.newlat.it.

Disclaimer

Newlat Food S.p.A. published this content on 27 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2021 07:21:04 UTC.


© Publicnow 2021
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Financials
Sales 2021 593 M 671 M 671 M
Net income 2021 14,5 M 16,4 M 16,4 M
Net Debt 2021 53,1 M 60,1 M 60,1 M
P/E ratio 2021 18,3x
Yield 2021 -
Capitalization 261 M 295 M 295 M
EV / Sales 2021 0,53x
EV / Sales 2022 0,45x
Nbr of Employees 2 144
Free-Float 38,2%
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Technical analysis trends NEWLAT FOOD S.P.A.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 4
Last Close Price 6,10 €
Average target price 10,20 €
Spread / Average Target 67,2%
EPS Revisions
Managers and Directors
Giuseppe Mastrolia Co-Chief Executive Officer & Executive Director
Stefano Cometto Co-Chief Executive Officer & Executive Director
Angelo Mastrolia Executive Chairman
Valentina Montanari Independent Non-Executive Director
Eric Sandrin Lead Independent Non-Executive Director
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