CENTRALE DEL LATTE D'ITALIA S.P.A. APPROVES THE HALF YEAR REPORT AS AT 30 JUNE 2024

• Revenues: € 165.7 million (-2.4% vs. € 169.8 million at 30.06.2023)
• EBITDA: € 16 million (+2.2% vs. € 15.6 million at 30.06.2023)
• Net profit: € 4.8 million (+35.4% vs. € 3.6 million at 30.06.2023)
• Net financial debt (post IFRS 16 application) equal to € -42.4 million, compared to € -41.5 million at the end of 2023

Turin, 9 September 2024 – The Board of Directors of Centrale del Latte d’Italia S.p.A. (“CLI” or the “Company”), the third Italian player in the fresh and long-life milk market, has approved the Half-Year Financial Report as at 30 June 2024.
The Company recorded revenues of € 165.7 million in the first half of 2024, compared to € 169.8 million at 30 June 2023, with a decrease of 2.4%.
The EBITDA of the first half stands at € 16 million, against the € 15.6 million reported at 30/06/2023, with a margin of 9.6%, above the 9.2% margin reported in the first half 2023. EBIT at 30/06/2024 is equal to € 8.3 million, up compared to € 7.3 million as at 30/06/2023 (+13.3%).
As a result of these significant performances, the Company recorded, in the first half of 2024, an after-tax net profit of € 4.8 million, against € 3.6 million at 30/06/2023.
The net financial position of CLI remained stable, as it went from € -41.5 million at 31/12/2023 to € -42.4 million as at 30/06/2024.
The results obtained during the first half of 2024 – in line with what was recorded in the same period of last year – once again highlight the Company’s ability to generate high margins despite a particularly difficult market context.

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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.

The Centrale del Latte d’Italia Group and Newlat Food, majority shareholder since 1 April 2020, today
represent the third Italian operator in the Milk & Dairy sector.
Newlat Food is a successful industrial Group, leader in the agri-food sector, present in 60 countries with
dairy products, pasta and bakery, gluten-free products and baby food.
With 7 factories and circa 650 employees, Centrale del Latte d’Italia Group produces and sells more than
120 products, ranging from milk and milk products to yogurt and drinks of plant origin and dairy distributed by
traditional shops and large retail chains in the pertinent areas under several brands names TappoRosso,
Polenghi, Mukki, Tigullio, Vicenza, Giglio, Salerno, Matese, Ala, Torre in Pietra, Optimus, Fior di Salento.