News
Despite a decline in revenue, Fine Foods has seen a significant increase in margins
Eco di Bergamo - 14 September 2024
There is potential for growth across all sectors in which the Group operates, with new investments in progress. According to CEO Giorgio Ferraris, the analysis of the first-half results for Fine Foods & Pharmaceuticals N.T.M. S.p.A. showed a promising outlook for sustained revenue and margin growth over the coming years.
The results for the first half of 2024 confirmed these positive prospects, showcasing a record EBITDA of €16 million (+27%) and margins of 13%.
Revenue for the half year reached €122.8 million, reaffirming Fine Foods' position as a leader in the contract manufacturing of nutraceuticals, pharmaceuticals, and cosmetics.
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