Deoleo
15 FOLLOWERS
In households around the world, our olive oil is loved and trusted by consumers to enhance their meals. We are on a mission to inspire everyone involved in the olive oil industry to make a positive difference every single day. As the world's number one olive oil company, we have a valuable opportunity to utilize our scale to encourage change, advocating to protect the heritage of olive oil,..
Deoleo
2M ago
FY RESULTS 2023
The group posted a net loss of €34M due to the impact of a major raw materials price crisis
Against such a challenging backdrop, the company has prioritised defence of gross unit margin, achieving a 1% increase in sales despite the gradual decline in volumes
EBITDA performance improved substantially during the second half of the year, registering a €5M rise to €17.6M, despite a more intense rise in raw material prices in this period.
In an exceptional and atypical market context, marked by high inflation and unfavourable olive oil harvest forecasts, the group has demonstrated ..read more
Deoleo
2M ago
Interview with Niklas Sannebro, Director of Strategic Operations at Deoleo.
In our first episode of ‘Voices of Commitment: Deoleo Speaks ESG,’ we delve into the insightful perspectivesof Niklas Sannebro, Director Strategic Operations at Deoleo, and a renowned leader in the olive oil industry.Niklas sares insights on how sustainability is more than just a buzzword at Deoleo, and rather a multifaceted approach that intertwines with the company’s core operations, driving innovation, resource management, and ethical practices.
Read Niklas’ perspective below on how Deoleo is setting new standards ..read more
Deoleo
7M ago
1S RESULTS 2023
In a high-complexity scenario for the sector with historically high prices, the group has prioritized profitability defense, relying on the strength of its brands and protecting its unit margins. Despite the scarcity of raw materials, sales have remained stable, with a decrease in volumes in line with the global consumption reduction due to high olive oil prices. EBITDA has been impacted, standing at €12.7 million at the end of the semester. The decline in commercial margins, along with higher financial expenses resulting from the rise in interest rates and the costs of the c ..read more
Deoleo
1y ago
RESULTS 2022 | A CHALLENGING ENVIROMENT
The company recorded Ebitda of €43M and net profit of €6M, despite operating in an inflationary context marked by the relentless rise in the price of raw materials and falling consumption.
Efficient management of the mix of countries where the group operates, as well as the strength of its brands and solid commercial practice, enabled the company to increase sales by 18% and maintain good performance in volumes.
Deoleo’s brands consolidated their leadership in key markets such as Spain and the United States, where their market shares in the year grew ..read more
Deoleo
1y ago
RESULTS 2022 | A CHALLENGING ENVIROMENT
The company recorded Ebitda of €43M and net profit of €6M, despite operating in an inflationary context marked by the relentless rise in the price of raw materials and falling consumption.
Efficient management of the mix of countries where the group operates, as well as the strength of its brands and solid commercial practice, enabled the company to increase sales by 18% and maintain good performance in volumes.
Deoleo’s brands consolidated their leadership in key markets such as Spain and the United States, where their market shares in the year grew ..read more
Deoleo
1y ago
RESULTS 2022 | A CHALLENGING ENVIROMENT
The company recorded Ebitda of €43M and net profit of €6M, despite operating in an inflationary context marked by the relentless rise in the price of raw materials and falling consumption.
Efficient management of the mix of countries where the group operates, as well as the strength of its brands and solid commercial practice, enabled the company to increase sales by 18% and maintain good performance in volumes.
Deoleo’s brands consolidated their leadership in key markets such as Spain and the United States, where their market shares in the year grew ..read more