|
An interregional group specialising in fresh products |
|
| The Company has always been privately owned. |
Centrale del Latte di Torino & C. S.p.A. has always been a privately-owned company operating at interregional level, specialised in the production and direct marketing - directly and through its subsidiary, Centro Latte Rapallo S.p.A. - of dairy products such as fresh milk, UHT milk and yoghurt. |
|
Ultra-fresh products
|
And thanks to its pronounced dynamism and intended diversification into other areas, the Centrale some time ago started marketing packaged products in the fresh-ultra-fresh sector, such as eggs, salads and fresh cheese, carefully selected third-party products sold under their own brand names in the reference markets. |
| Interregional leadership |
From this standpoint Centrale del Latte di Torino & C. is strongly entrenched in its own area with a turnover breakdown of 68% in Piedmont and 32% in Liguria, and a position of leadership as regards fresh and UHT milk. |
| Three production plants | Currently the Company operates three production plants, located in Turin, Carmagnola (Turin) and Rapallo (Genoa), that utilise advanced technologies for processing, packaging and the refrigerated storage of products. It has a total of 145 employees and an annual production and marketing capacity of around 80 million litres. |
| Revenues are growing | From the financial point of view, during 1999 the Company's consolidated revenues exceeded 107 billion lire, compared with 106 billion in 1998 and 104 billion in 1997 (1997 and 1998 data are pro-forma consolidations) |
| In the first half of 2000 the Centrale recorded further growth in consolidated revenues which totalled 56.8 billion lire (+5% compared with the 54.2 billion lire for the same period in 1999). |
|
| Widespread distribution |
As far as distribution is concerned, the Company has a widespread network with about 140 refrigerated vehicles that supply 834 Large-scale Distribution outlets and 6,100 traditional retail outlets daily. |
| After 50 years in the business and constant success Centrale del Latte di Torino & C. is today faced with a mature market situation. It has therefore set up a growth plan, involving internal expansion and acquisitions, to be achieved by broadening the product range, continuous improvement of production plants, strengthening current markets and penetrating new markets. | |
| In order to support this growth and development process financially, on July 18 2000 the Shareholders' Meeting approved a request for admission to a listing on the Italian Telematic Stock Exchange. |
|
| Sponsor and Global Coordinator of the operation will be Banca Intermobiliare di Investimenti e Gestione S.p.A. |
|
 |
|
| next ..> | |