Italy's Orsero Q1 sales rise helped by the distribution business

Orsero SpA

14/05/2026 17:33

Overview

Italy fresh produce distributor's Q1 net sales rose 2.5% year-over-year

Adjusted EBITDA for Q1 fell 3.4% year-over-year, impacted by lower shipping volumes and higher costs

Company's net financial position improved on strong cash generation and favorable working capital management

Outlook

Company did not provide financial guidance

Result Drivers

DISTRIBUTION UNIT PERFORMANCE - Co said sales growth was driven by the distribution business unit whose commercial policy allowed for an increase in volumes and revenues in the high value-added categories in Europe, among which berries, kiwifruits and exotic fruits.

SHIPPING UNIT IMPACT - Adjusted EBITDA decline was attributed to lower loading factors and higher operating costs in the Shipping business unit, including adverse weather conditions

WORKING CAPITAL MANAGEMENT - Improved net financial position was driven by strong operating cash flow and favorable working capital management

Company press release: ID:nBIA4679JQ

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 389.20 mln
Q1 Adjusted Net Income
EUR 8.30 mln
Q1 Adjusted EBITDA
EUR 20.80 mln
Q1 Adjusted EBIT
EUR 11.80 mln
Q1 EBIT
EUR 9.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food retail & distribution peer group is "buy"

Wall Street's median 12-month price target for Orsero SpA is €25.90, about 71.3% above its May 13 closing price of €15.12

The stock recently traded at 10 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.)