Financial Data
Financial figures for the Cremonini Group
with IFRS 16
with IFRS 16
with IFRS 16
with IFRS 16
with IFRS 16
with IFRS 16 (Min/Euro) 3,408.2
with IFRS 16 (Min/Euro) 4,077.1
with IFRS 16 (Min/Euro) 5,132.4
with IFRS 16 (Min/Euro) 5,542.1
with IFRS 16 (Min/Euro) 5,887.5
with IFRS 16 (Min/Euro) 246.4
with IFRS 16 (Min/Euro) 315.4
with IFRS 16 (Min/Euro) 391.7
with IFRS 16 (Min/Euro) 479.4
with IFRS 16 (Min/Euro) 516.0
with IFRS 16 (Min/Euro) 48.8
with IFRS 16 (Min/Euro) 131.3
with IFRS 16 (Min/Euro) 187.4
with IFRS 16 (Min/Euro) 264.3
with IFRS 16 (Min/Euro) 279.9
with IFRS 16 (Min/Euro) 4.4
with IFRS 16 (Min/Euro) 23.4
with IFRS 16 (Min/Euro) 75.4
with IFRS 16 (Min/Euro) 58.1
with IFRS 16 (Min/Euro) 69.4
with IFRS 16 (Min/Euro) 1,192.9
with IFRS 16 (Min/Euro) 1,228.1
with IFRS 16 (Min/Euro) 1,487.1
with IFRS 16 (Min/Euro) 1,554.9
with IFRS 16 (Min/Euro) 1,673.1
with IFRS 16 (Min/Euro) 141.0
with IFRS 16 (Min/Euro) 167.8
with IFRS 16 (Min/Euro) 365.0
with IFRS 16 (Min/Euro) 241.5
with IFRS 16 (Min/Euro) 209.6
with IFRS 16 (Min/Euro) 4.8
with IFRS 16 (Min/Euro) 3.9
with IFRS 16 (Min/Euro) 3.8
with IFRS 16 (Min/Euro) 3.2
with IFRS 16 (Min/Euro) 3.2
with IFRS 16 (Min/Euro) 1.26
with IFRS 16 (Min/Euro) 1.22
with IFRS 16 (Min/Euro) 1.61
with IFRS 16 (Min/Euro) 1.73
with IFRS 16 (Min/Euro) 1.74
As of January 1st, 2019, the Group adopted the new international accounting standard IFRS 16, using the modified retrospective approach, which does not require restatement of comparative data. The Group’s net financial debt (IFRS 16), 1,673.1 million Euro as of December 31st, 2024, has increased due to a Rights of Use liability equal to 442.0 million Euro.
Economic trend of the three sectors
In 2024 the Cremonini Group achieved total consolidated revenues of 5,887.5 million Euro. The gross operating margin (EBITDA) was equal to 479.3 million Euro, the operating result (EBIT) grew to 264.3 million Euro.
The production sector through the subsidiary Inalca in 2024, achieved revenues of 3,235.1 million Euro, an Ebitda of 252.4 million Euro and an Ebit of 162.2 million Euro.
In the distribution sector, MARR’s revenues stood at 2,098.0 million, EBITDA and EBIT at 119.5 million and 80.8 million, respectively.
In the catering sector, Chef Express achieved revenues of 827.9 million Euro, an Ebitda of 141.6 million Euro and a positive Ebit equal to 37.4 million Euro.
Revenues (MLN/€)
Covid-19
Ebitda (MLN/€)
Covid-19
Ebit (MLN/€)
Covid-19
Financial Statements and Reports
Cremonini in numbers
5,887.5 Mln
Euro turnover
23,000
Employees
29
Production plants around the world
58
Distribution platforms in the world
41
Distribution centres
120
Trains served per day in Europe
300
Service Areas: stations, motorways, airports
300
Restaurants in Italy
3,235.1
Million Euro Turnover
8,900
Employees
29
Production Plants in Italy and around the world
58
Distribution platforms in the world
500,000
Tons of meat marketed each year
45,000
Tons of cured meats produced each year
100,000
Tons of hamburgers produced each year
50 Mln
Snacks produced every year
160 Mln
Packages of pre-sliced cured meats per year
200 Mln
Cans of meat produced each year
12,000
Tons of bacon produced each year
2,098.0
Million Euro Turnover
50
Years of activity
4,200
Employees
55,000
Customers
25,000
Products distributed
8,000
Non-food products distributed
41
Distribution centres in Italy
6
Cash & Carry
975
Sales Technicians
1,000
Vehicles
24
Maximum hours required to serve customers
154 Mln
Euro of fish purchased yearly by MARR worldwide.
400
Varieties of fish distributed to foodservice
90,000
Kilometres travelled by each vehicle for catering distribution
827.9
Million Euro Turnover
9.900
Employees
120
Trains served in Europe
300
Service Areas: stations, motorways, airports
54
Railway stations
57
Motorway rest areas
15
Airports
300
Restaurants in Italy
60 Mln
Customers served in one year
45 Mln
Coffees served per year
4 Mln
Roadhouse Fidelity Card