Granarolo chairman to step down from Italian food group

Granarolo president Gianpiero Calzolari has stepped down aft 17 years astatine the helm of the Italian nutrient group.

In a statement, the cooperative said Calzolari is resigning to “facilitate the generational handover upon reaching the property of 70”. He has led Granarolo since 2009.

“These person been years of large committedness connected each fronts; we person focused connected innovation and internationalisation,” Calzolari said.

The Granarolo committee has appointed Stanislao Giuseppe Fabbrino arsenic chairman. Fabbrino already sits connected the boards of Granarolo and Granlatte, the group's controlling shareholder.

Fabbrino has been president and main enforcement of Italian cultivation cooperative Fruttagel since 2011.

Since 2022, Fabbrino has besides worked arsenic CEO and managing manager of user goods cooperative Deco Industrie, Granarolo said.

“It is an honour for maine to instrumentality connected a relation of specified large responsibility,” Fabbrino said, adding that Granarolo’s extremity volition beryllium to make worth done “economic, biology and societal sustainability implicit time”.

The enactment alteration came alongside the merchandise of Granarolo’s 2025 fiscal results. During the year, the radical reported consolidated gross of €1.81bn ($2.13bn), compared to €1.72bn a twelvemonth earlier.

Like-for-like sales, excluding currency effects, roseate 5.2%, driven chiefly by maturation successful planetary markets and terms increases.

EBITDA reached €100.5m, up 5.5% connected 2024. However, Granarolo's EBIT and nett net fell past year. EBIT dropped 13.8% to €28.2m. Net nett slid 43.3% to €5.5m.

Granarolo said Italy remained its largest market, accounting for 60% of revenue, portion Europe represented 33% and non-European markets 7%.

In October, Granarolo acquired UK distributor West Horsley Dairy to “strengthen” its concern successful the country.

At the time, Calzolari said: “Consolidation successful the UK is an important portion of the group’s maturation argumentation abroad.

"The program is to importantly summation the measurement of Italian dairy products successful the UK, focusing connected the horeca and foodservice markets successful London, wherever West Horsley has consolidated its presence.”

"Granarolo president to measurement down from Italian nutrient group" was primitively created and published by Just Food, a GlobalData owned brand.

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