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Water: Mediobanca, turnover of 3.8 billion in Italy

2021-04-23T23:34:47.734Z


(HANDLE) (ANSA) - MILAN, APRIL 23 - 82 water bottling companies operate in Italy for an aggregate turnover in 2019 of 3.8 billion euros. The major operators also sell soft drinks (carbonated drinks, juices, iced teas, non-alcoholic aperitifs) and the five largest represent 65.8% of the total. There are six foreign-controlled companies, for a turnover of 1.5 billion. The area of ​​the Center, South and Isla


(ANSA) - MILAN, APRIL 23 - 82 water bottling companies operate in Italy for an aggregate turnover in 2019 of 3.8 billion euros. The major operators also sell soft drinks (carbonated drinks, juices, iced teas, non-alcoholic aperitifs) and the five largest represent 65.8% of the total. There are six foreign-controlled companies, for a turnover of 1.5 billion. The area of ​​the Center, South and Islands hosts the largest number of companies, that is 32, but the largest turnover refers to the 23 companies in the North West (about 2 billion). It emerges from the new report of the Mediobanca Research Area on the packaged water sector, which aggregates the economic-financial data, for the three-year period 2017-2019, of 82 national companies with a turnover in 2019 of more than one million euros.



In the three-year period 2017-2019, aggregate sales grew by an average of 3.9% per year, domestic sales by 2.9%, and those abroad by 6%. The total export share is worth 32.7% of turnover, for a value of 1.3 billion, leaving the remaining 2.5 billion to domestic turnover. The larger companies (48%) and those with foreign control (55.5%) have significant foreign sales shares, while for the Italian medium or small companies the foreign market is not very relevant (between 2% and 6% of sales). The sector's Ebit margin was 9.6% in 2019, a clear reduction from 13% in 2017. (ANSA).


Source: ansa

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