Orsero SpA
MIL:ORS
Orsero SpA
Orsero SpA engages in importing and distributing fresh fruits and vegetables. The company is headquartered in Milan, Milano and currently employs 1,674 full-time employees. The company went IPO on 2015-11-10. The firm operates as the Orsero Group (The Group) in Italy, France, Spain, Portugal, Greece, Costa Rica, Colombia and Mexico and has three integrated business units coordinated by the parent holding, which owns 10 subsidiaries and holds an interest in 6 joint ventures. The Group operates in the sectors of Import and distribution of fruit and vegetables; Bananas and Pineapples Tropical Division, which provides with own maritime freight transport services; Production of tropical fruit (bananas and avocados). The Group distributes fruit and vegetable products to large-scale retail chains and traditional wholesalers and provides shipping services for other product importers and distributors.
Orsero SpA engages in importing and distributing fresh fruits and vegetables. The company is headquartered in Milan, Milano and currently employs 1,674 full-time employees. The company went IPO on 2015-11-10. The firm operates as the Orsero Group (The Group) in Italy, France, Spain, Portugal, Greece, Costa Rica, Colombia and Mexico and has three integrated business units coordinated by the parent holding, which owns 10 subsidiaries and holds an interest in 6 joint ventures. The Group operates in the sectors of Import and distribution of fruit and vegetables; Bananas and Pineapples Tropical Division, which provides with own maritime freight transport services; Production of tropical fruit (bananas and avocados). The Group distributes fruit and vegetable products to large-scale retail chains and traditional wholesalers and provides shipping services for other product importers and distributors.
Strong Revenue Growth: Net sales rose 13.6% to EUR 845.2 million, driven by both higher volumes and improved product mix across all countries.
Profitability Up: Adjusted EBITDA increased 18.4% to EUR 48.4 million, and adjusted net profit jumped 30.9% to EUR 20.9 million.
Guidance Raised: Management upgraded full-year guidance for net sales, adjusted EBITDA, and adjusted net profit after strong first half results.
Distribution Outperformance: Distribution segment led growth, with standout performances in products like platano canario, pineapples, and grapes.
Shipping Margin Growth: Shipping revenues and margins increased on strong loading factors, despite lower freight rates versus previous years.
Strategy Validated: Executives expressed confidence that current results and volume recovery set a foundation for future growth.
