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CLARA MOSCHINI

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Newlat Food, less revenues but more profits in the quarter

Improve margins thanks to economies of scale in procurement

Newlat Food, a company listed on the Star segment and active in the agro-food sector, closed the first quarter of 2021, a period that closed with revenues of 121.46 million euros, down by 4.6% compared to the 127.32 million obtained in the first three months of last year with the same consolidation perimeter. EBITDA also decreased from 11.25 million to 11.04 million euro (-2%). However, margins improved...

hef - 18913

EFA News - European Food Agency
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