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Caffè Borbone, profit falls in the half year (-27%)

Turnover grew (+ 3.7%), but the cost of raw materials weighed on the EBITDA

From the half-year report presented by Italmobiliare, the financial data of Caffè Borbone, a 60% subsidiary, emerged. At 30 June 2022 the Neapolitan company closed the first half of 2022 with a turnover of 134.0 million Euros, up 3.7% compared to 2021. The gross operating margin amounted to 33.9 million euros, with a margin of 25% of turnover. The decrease compared to the previous period - the company...

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Napoli, NA, Italia, 08/01/2022 13:50
EFA News - European Food Agency

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