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Sanpellegrino Group: excellent results in 2018 - In a Bottle

Sanpellegrino Group: excellent results in 2018

The Group closes 2018 with a turnover of 928 million euros, up 4% compared to 2017. Export growth is driven by SanPellegrino and Acqua Panna.

MILAN – Sanpellegrino continues to grow, and closed the 2018 balance sheet with a turnover of 928 million euros, an increase of 4% in value compared to the previous year. International brands were the driving force behind the performance of the Group, which achieved a 56.9% of its turnover through exports. The SanPellegrino and Acqua Panna mineral waters, ambassadors of “made in Italy” in over 150 countries in the world, have grown in value by 6% and 10% respectively.

Success in Italy and worldwide

In 2018, Sanpellegrino recorded a turnover of 529 million euros on international markets, with an increase of 8% compared to 2017, and with peaks of 25% in the UK, 19% in France and 18% in Germany and China. The United States is confirmed as the first country in order of importance with a growth of 12% compared to 2017. In the domestic market, the Group achieved a turnover of 400 million euros, substantially confirming the values reported in 2017. There were also positive performances in Italy by the SanPellegrino and Acqua Panna brands, which recorded an overall increase of 3% in volume, while the Levissima and Nestlé Vera brands stood at 2017 volumes.

The internationalisation of the brand

“The 2018 financial year closed with an increase in the performance recorded on foreign markets by our international brands SanPellegrino and Acqua Panna, which confirm the appreciation of the Italian quality, values and lifestyle brought by our products to tables worldwide,” declared Federico Sarzi Braga, President and CEO of the Sanpellegrino Group, “In 2019, we will also further develop Acqua Panna by launching an investment plan to support the business in the coming years, and give an even stronger boost to the internationalisation of a brand that has exceeded the 300-million bottle mark of worldwide sales.”

Investments

Sanpellegrino closed 2018 with the announcement of an investment of 70 million euros allocated over three years for the architectural re-design and the efficiency increase of the Scarperia production site, in addition to communication activities on international markets, to make Acqua Panna the Group's premium still water in the world. At the Nestlé Vera plant in San Giorgio in Bosco, the Sanpellegrino Group is also investing around 29 million euros in a new line of cans and a new warehouse.

by Prisca Peroni

May 20, 2019