Italian food producer NewPrinces HY revenue more than doubles on acquisitions

NewPrinces

15/09/2026 07:18

Overview
Italy food producer's half-year revenue exceeded EUR 3 bln, up sharply from prior year
Half-year consol EBITDA rose 64% yr/yr, reflecting improved margins and operational efficiency
Company posted net loss of EUR 5.8 mln, as selling prices declined but volumes stable

Outlook
NewPrinces expects FY 2026 EBITDA to reach €330–350 mln
Company sees improved margins driven by lower raw material costs and operational efficiency
Company expects sales volumes to remain broadly stable in current market conditions

Result Drivers
ACQUISITIONS - Revenue growth driven by contributions from acquisitions completed in late 2025
LOWER RAW MATERIAL COSTS - Margins improved due to double-digit reductions in costs of milk and durum wheat, passed on to customers
VOLUME STABILITY - Sales volumes remained broadly stable across segments despite price adjustments

Company press release: ID:nBIA53tt7y

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 3 bln
 
H1 Net Loss
 
EUR 5.8 mln
 
H1 EBITDA
 
EUR 170.1 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for NewPrinces SpA is €25.55, about 50.4% above its September 14 closing price of €16.99

Reuters Recommended Reads
Sept 14 - Hain Celestial Q4 sales miss estimates on divestiture impact

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)