(Finance) – The Board of Directors of Saccheria F.lli Franceschetti examined the operating revenues as at 31 December 2024, not subject to audit, which stood at 17.7 million euros, substantially in line with the 17.8 million euros in 2023 (-0.5% YOY).
The eCommerce sales channel confirms the positive trend of recent years by recording an increase in turnover of 27% compared to the 2023 financial year.
Net Financial Debt amounts to Euro 0.6 million with an improvement of Euro 0.6 million compared to the last financial year.
The revenues of main product categories (both marketed and manufactured) amount respectively to: “big bags” 13.4 million euros (13.3 million euros in 2023), “fertilizer bags” 1.0 million euros (1.1 million euros in 2023 ), “small bags” 1.9 million euros (1.3 million euros in 2023).
Luigi Wilmo Franceschetti, President and Luisa Franceschetti, CEO of Saccheria F.lli Franceschetti: “If we look at the revenue results of Q4 2024, we can only judge it extremely satisfying. In fact, Q4 2024 records a figure practically identical to that of Q4 2023, allowing us to close the year with a total turnover in line with that of the last financial year and helping to fill the important gap compared to 2023 which had manifested itself in the first months of 2024. Please note that Q1 2024 closed with -18% compared to the same period of 2023 and the half-yearly data showed -7% compared to 2023. This recovery, which is accompanied by the maintenance of satisfactory marginsis evidence of both the effectiveness of Saccheria’s commercial policy and the ability to deal with the emergency linked to delays in deliveries by suppliers following pirate attacks in the Red Sea. In fact, Saccheria has implemented commercial actions aimed both at maintaining existing customers but above all at seeking new customers and market shares.”