Italy's NewPrinces Q1 net loss narrows on strong retail performance

Newprinces SpA

14/05/2026 07:15

Overview

Italy food and beverage group's Q1 revenue grew yr/yr, driven by acquisitions

Q1 net loss narrowed to EUR 22.6 mln from EUR 34.8 mln a year earlier

Company attributed growth to acquisitions and improved retail and distribution performance

Outlook

Company expects FY2026 retail EBITDA between €110 mln and €120 mln

Result Drivers

ACQUISITIONS - Co said revenue growth was driven by the inclusion of newly acquired businesses, including Princes Retail, Plasmon, and Princes Ready to Drink

RETAIL PERFORMANCE - Co said Princes Retail profitability improved, with March-April EBITDA up 240% yr/yr, driven by commercial discipline, promotional optimisation and operational efficiency

SEGMENT VARIATION - Co said revenue growth was offset by declines in dairy, foods, and fish segments due to lower average selling prices

Company press release: ID:nBIA3gNszR

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 1.50 bln
Q1 Net Income
-EUR 22.60 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 €28.30, about 71.2% above its May 13 closing price of €16.53

The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 11 three months ago

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(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.)