Centrale del Latte d'Italia SpA
MIL:CLI
Income Statement
Earnings Waterfall
Centrale del Latte d'Italia SpA
Income Statement
Centrale del Latte d'Italia SpA
| Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Sep-2015 | Dec-2015 | Dec-2018 | Jun-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
|
| Revenue |
96
N/A
|
95
-1%
|
95
0%
|
92
-3%
|
96
+4%
|
97
+1%
|
98
+0%
|
98
+0%
|
97
-1%
|
98
+0%
|
97
0%
|
98
+0%
|
101
+3%
|
103
+2%
|
105
+3%
|
107
+2%
|
107
-1%
|
104
-2%
|
102
-2%
|
101
-1%
|
99
-1%
|
100
+0%
|
100
+0%
|
101
+1%
|
103
+2%
|
104
+1%
|
105
+1%
|
105
+0%
|
105
-1%
|
105
+0%
|
102
-2%
|
100
-2%
|
103
+3%
|
96
-7%
|
97
+1%
|
98
+1%
|
98
+1%
|
99
+1%
|
101
+1%
|
101
+0%
|
100
-1%
|
49
-52%
|
97
+99%
|
180
+86%
|
178
-1%
|
175
-1%
|
222
+27%
|
227
+2%
|
363
+60%
|
181
-50%
|
383
+112%
|
426
+11%
|
363
-15%
|
283
-22%
|
426
+50%
|
435
+2%
|
442
+2%
|
309
-30%
|
469
+52%
|
494
+5%
|
497
+1%
|
334
-33%
|
497
+49%
|
493
-1%
|
500
+1%
|
350
-30%
|
516
+48%
|
522
+1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(52)
|
(52)
|
(52)
|
(52)
|
(52)
|
(52)
|
(52)
|
(52)
|
(52)
|
(51)
|
(51)
|
(52)
|
(54)
|
(56)
|
(57)
|
(58)
|
(56)
|
(53)
|
(51)
|
(49)
|
(48)
|
(48)
|
(49)
|
(51)
|
(53)
|
(54)
|
(56)
|
(56)
|
(56)
|
(56)
|
(54)
|
(53)
|
(55)
|
(50)
|
(51)
|
(52)
|
(54)
|
(55)
|
(56)
|
(57)
|
(55)
|
(26)
|
(49)
|
(99)
|
(100)
|
(100)
|
(134)
|
(150)
|
(247)
|
(131)
|
(347)
|
(386)
|
(344)
|
(227)
|
(337)
|
(346)
|
(356)
|
(251)
|
(381)
|
(402)
|
(402)
|
(271)
|
(401)
|
(394)
|
(403)
|
(282)
|
(415)
|
(418)
|
|
| Gross Profit |
43
N/A
|
43
+0%
|
43
0%
|
41
-7%
|
44
+9%
|
45
+1%
|
45
+1%
|
46
+1%
|
46
0%
|
46
+2%
|
46
0%
|
46
0%
|
47
+1%
|
47
+1%
|
48
+3%
|
49
+2%
|
51
+3%
|
51
+1%
|
51
+1%
|
52
+1%
|
51
-2%
|
52
+1%
|
51
-1%
|
51
-1%
|
50
0%
|
50
0%
|
49
-2%
|
49
0%
|
48
-2%
|
49
+1%
|
48
-1%
|
48
-1%
|
49
+2%
|
46
-5%
|
46
+0%
|
46
-1%
|
45
-2%
|
44
-1%
|
44
+0%
|
44
+0%
|
45
+2%
|
23
-49%
|
47
+105%
|
82
+72%
|
77
-5%
|
75
-3%
|
88
+17%
|
77
-12%
|
116
+51%
|
49
-57%
|
37
-26%
|
41
+11%
|
18
-55%
|
56
+208%
|
89
+58%
|
89
0%
|
86
-3%
|
58
-33%
|
88
+52%
|
92
+4%
|
95
+4%
|
63
-34%
|
96
+53%
|
98
+2%
|
97
-1%
|
68
-30%
|
101
+49%
|
104
+2%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(39)
|
(38)
|
(38)
|
(36)
|
(39)
|
(40)
|
(40)
|
(41)
|
(40)
|
(40)
|
(40)
|
(39)
|
(42)
|
(43)
|
(46)
|
(49)
|
(50)
|
(51)
|
(51)
|
(50)
|
(48)
|
(48)
|
(47)
|
(47)
|
(47)
|
(48)
|
(48)
|
(48)
|
(48)
|
(48)
|
(47)
|
(46)
|
(48)
|
(46)
|
(46)
|
(45)
|
(43)
|
(43)
|
(43)
|
(43)
|
(43)
|
(21)
|
(46)
|
(81)
|
(80)
|
(79)
|
(91)
|
(73)
|
(106)
|
(42)
|
(20)
|
(24)
|
(4)
|
(51)
|
(78)
|
(79)
|
(79)
|
(55)
|
(82)
|
(82)
|
(81)
|
(54)
|
(79)
|
(80)
|
(78)
|
(58)
|
(82)
|
(86)
|
|
| Selling, General & Administrative |
(32)
|
(32)
|
(32)
|
(34)
|
(33)
|
(35)
|
(35)
|
(35)
|
(35)
|
(35)
|
(35)
|
(35)
|
(37)
|
(38)
|
(41)
|
(42)
|
(43)
|
(43)
|
(43)
|
(42)
|
(41)
|
(40)
|
(39)
|
(40)
|
(41)
|
(42)
|
(42)
|
(42)
|
(41)
|
(41)
|
(41)
|
(40)
|
(42)
|
(39)
|
(40)
|
(40)
|
(40)
|
(40)
|
(40)
|
(40)
|
(41)
|
(21)
|
(44)
|
(76)
|
(74)
|
(72)
|
(83)
|
(69)
|
(102)
|
(43)
|
(70)
|
(74)
|
(54)
|
(54)
|
(82)
|
(83)
|
(83)
|
(58)
|
(85)
|
(86)
|
(85)
|
(58)
|
(84)
|
(85)
|
(85)
|
(60)
|
(86)
|
(88)
|
|
| Depreciation & Amortization |
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(7)
|
(8)
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(1)
|
(1)
|
(1)
|
2
|
(2)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
0
|
1
|
0
|
(0)
|
1
|
1
|
1
|
2
|
2
|
2
|
(8)
|
(4)
|
(4)
|
1
|
50
|
50
|
50
|
3
|
4
|
4
|
4
|
2
|
3
|
4
|
4
|
4
|
5
|
5
|
7
|
2
|
4
|
3
|
|
| Operating Income |
5
N/A
|
6
+21%
|
5
-8%
|
4
-17%
|
5
+18%
|
5
-2%
|
6
+12%
|
5
-9%
|
6
+18%
|
6
+1%
|
6
-3%
|
7
+12%
|
5
-31%
|
3
-24%
|
2
-38%
|
0
-90%
|
1
+400%
|
0
-65%
|
1
+84%
|
2
+230%
|
4
+65%
|
4
+9%
|
4
+3%
|
3
-20%
|
3
-3%
|
2
-38%
|
1
-46%
|
1
-20%
|
1
+1%
|
1
-11%
|
1
+33%
|
1
+26%
|
1
-55%
|
0
-58%
|
0
+8%
|
0
+22%
|
1
+233%
|
1
-14%
|
1
+46%
|
1
-7%
|
3
+102%
|
2
-30%
|
2
-6%
|
1
-64%
|
(2)
N/A
|
(4)
-88%
|
(4)
+16%
|
4
N/A
|
10
+166%
|
7
-22%
|
16
+119%
|
17
+1%
|
14
-14%
|
5
-64%
|
11
+118%
|
11
-5%
|
7
-30%
|
3
-64%
|
6
+131%
|
10
+56%
|
14
+42%
|
9
-36%
|
17
+93%
|
18
+6%
|
19
+8%
|
10
-49%
|
20
+101%
|
18
-7%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
(1)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(4)
|
(4)
|
(3)
|
(1)
|
(3)
|
(2)
|
(3)
|
(1)
|
(3)
|
(5)
|
(5)
|
(2)
|
(6)
|
(5)
|
(6)
|
(1)
|
(5)
|
(5)
|
|
| Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(2)
|
(2)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
(0)
|
(3)
|
(0)
|
0
|
0
|
(3)
|
0
|
0
|
|
| Pre-Tax Income |
4
N/A
|
5
+22%
|
5
-2%
|
4
-18%
|
5
+23%
|
5
-1%
|
5
+12%
|
5
-9%
|
5
+13%
|
5
+1%
|
5
-3%
|
6
+10%
|
4
-33%
|
3
-32%
|
1
-50%
|
(1)
N/A
|
(1)
+33%
|
(1)
-84%
|
(1)
+9%
|
1
N/A
|
2
+135%
|
3
+29%
|
3
+6%
|
2
-35%
|
2
-2%
|
1
-49%
|
0
N/A
|
(0)
N/A
|
(0)
-264%
|
(1)
-38%
|
(0)
+95%
|
0
N/A
|
(1)
N/A
|
(0)
+70%
|
(0)
-25%
|
(0)
+47%
|
2
N/A
|
2
-8%
|
2
+21%
|
2
-8%
|
2
-16%
|
1
-20%
|
1
-58%
|
(0)
N/A
|
(3)
-752%
|
(7)
-97%
|
(6)
+17%
|
2
N/A
|
6
+291%
|
6
-11%
|
13
+128%
|
13
-1%
|
11
-13%
|
3
-71%
|
8
+162%
|
8
-3%
|
5
-39%
|
1
-87%
|
3
+347%
|
5
+62%
|
8
+88%
|
4
-51%
|
11
+155%
|
12
+17%
|
14
+9%
|
6
-54%
|
14
+128%
|
13
-10%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
0
|
(0)
|
(1)
|
(3)
|
(1)
|
(4)
|
1
|
1
|
(1)
|
(3)
|
(7)
|
(6)
|
(0)
|
(1)
|
(2)
|
(3)
|
(1)
|
(3)
|
(4)
|
(4)
|
(2)
|
(4)
|
(3)
|
|
| Income from Continuing Operations |
1
|
2
|
2
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
1
|
1
|
2
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
2
|
2
|
1
|
1
|
1
|
0
|
(2)
|
(7)
|
(6)
|
0
|
3
|
4
|
9
|
14
|
12
|
2
|
6
|
1
|
(1)
|
0
|
2
|
3
|
6
|
3
|
8
|
9
|
10
|
4
|
10
|
10
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
1
N/A
|
2
+29%
|
2
+8%
|
1
-26%
|
2
+48%
|
2
+2%
|
2
+19%
|
2
-23%
|
2
+28%
|
3
+5%
|
2
-15%
|
2
-15%
|
1
-56%
|
0
-86%
|
0
-73%
|
(1)
N/A
|
(1)
-103%
|
(2)
-40%
|
(2)
-31%
|
(1)
+73%
|
1
N/A
|
1
+70%
|
2
+54%
|
1
-46%
|
1
-12%
|
0
-97%
|
(1)
N/A
|
(1)
-12%
|
(1)
-75%
|
(1)
-15%
|
(1)
+33%
|
(1)
+32%
|
(1)
-112%
|
(0)
+78%
|
(0)
-88%
|
(0)
+18%
|
1
N/A
|
1
-22%
|
2
+55%
|
2
+3%
|
1
-51%
|
1
-9%
|
1
-28%
|
0
-23%
|
(2)
N/A
|
(7)
-173%
|
(6)
+12%
|
0
N/A
|
3
+1 295%
|
4
+19%
|
9
+121%
|
14
+49%
|
12
-9%
|
2
-81%
|
6
+154%
|
1
-78%
|
(1)
N/A
|
0
N/A
|
2
+962%
|
3
+78%
|
6
+95%
|
3
-48%
|
8
+154%
|
9
+17%
|
10
+9%
|
4
-54%
|
10
+130%
|
10
-2%
|
|
| EPS (Diluted) |
0.13
N/A
|
0.17
+31%
|
0.18
+6%
|
0.13
-28%
|
0.2
+54%
|
0.2
N/A
|
0.24
+20%
|
0.19
-21%
|
0.24
+26%
|
0.26
+8%
|
0.22
-15%
|
0.19
-14%
|
0.08
-58%
|
0.01
-88%
|
0
N/A
|
-0.06
N/A
|
-0.12
-100%
|
-0.16
-33%
|
-0.21
-31%
|
-0.05
+76%
|
0.08
N/A
|
0.14
+75%
|
0.22
+57%
|
0.12
-45%
|
0.1
-17%
|
0.01
-90%
|
-0.05
N/A
|
-0.06
-20%
|
-0.1
-67%
|
-0.12
-20%
|
-0.08
+33%
|
-0.05
+38%
|
-0.11
-120%
|
-0.02
+82%
|
-0.04
-100%
|
-0.03
+25%
|
0.13
N/A
|
0.11
-15%
|
0.16
+45%
|
0.16
N/A
|
0.08
-50%
|
0.07
-12%
|
0.05
-29%
|
0.03
-40%
|
-0.17
N/A
|
-0.47
-176%
|
-0.41
+13%
|
0
N/A
|
0.24
N/A
|
0.3
+25%
|
0.65
+117%
|
0.97
+49%
|
0.88
-9%
|
0.16
-82%
|
0.42
+163%
|
0.09
-79%
|
-0.06
N/A
|
0.01
N/A
|
0.12
+1 100%
|
0.21
+75%
|
0.41
+95%
|
0.21
-49%
|
0.54
+157%
|
0.63
+17%
|
0.69
+10%
|
0.32
-54%
|
0.76
+138%
|
0.72
-5%
|
|