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Established by ELO - European Landowners’ Organization (\u003cem\u003e\u003ca href=\"http://www.elo.org\"\u003ewww.elo.org\u003c/a\u003e\u003c/em\u003e) and CEMA - European Agricultural Machinery Industry Association (\u003cem\u003e\u003ca href=\"http://www.cema-agri.org\"\u003ewww.cema-agri.org\u003c/a\u003e\u003c/em\u003e), the award aims to give recognition to innovative projects to protect bees or other pollinators by helping to preserve biodiversity.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nAt the ceremony in the European Parliament in Brussels, the jury awarded Granlatte-Granarolo and Conapi the prize in the category \u003cem\u003e“Land management practices to protect and improve pollinators in the agricultural environment”\u003c/em\u003e. The award acknowledged \u003cstrong\u003ethe value of this unique and distinctive collaboration between the largest milk producers’ cooperative in Italy and the largest beekeepers’ cooperative in Europe\u003c/strong\u003e. Their united efforts promote and develop practical actions to help create the right living conditions for bees and other pollinators while also encouraging their presence in cultivated areas and enriching biodiversity in the agricultural environment.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe 4,000 euro prize money will be reinvested in the implementation of the hive analysis and biomonitoring service.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe \u003cem\u003e“Granarolo and Conapi together for biodiversity and bee health”\u003c/em\u003e project was launched in 2023 and involved \u003cstrong\u003ethe design and implementation of a specification of structural actions\u003c/strong\u003e for the protection of bees and pollinators on the Group's farms. This included \u003cstrong\u003ethe placement of hives\u003c/strong\u003e by Conapi in some of the shareholder farms of the Granlatte-Granarolo chain, also with a view to monitoring the local territory, protecting biodiversity, animal welfare, the environment and our future.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cstrong\u003eSo far, 60 Granlatte shareholder farms have adhered to the specification\u003c/strong\u003e, for a total of 584,080 litres of milk produced. Of these, there are 17 in which 371 hives are being placed by Conapi \u003cstrong\u003efor a total of over 18 million bees\u003c/strong\u003e, while others will be added in the coming months.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe project is also the subject of \u003cem\u003e\u003cstrong\u003e“A farm for two: a compelling story of biodiversity”\u003c/strong\u003e\u003c/em\u003e, a video telling the story of this special collaboration that unites two worlds – those of breeders and of beekeepers – to promote a virtuous process: \u003cstrong\u003e\u003cem\u003e\u003ca href=\"https://www.youtube.com/watch?v=1I1EmAF63Po\"\u003ehttps://www.youtube.com/watch?v=1I1EmAF63Po\u003c/a\u003e\u003c/em\u003e\u003c/strong\u003e\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nOpen days were then organised at some of the supply chain members’ farms. Open to all, they included visits to the hives and the cow barn, workshops on milk and wax and tastings of cheeses with honey. \u003cstrong\u003eLearn more: \u003cem\u003e\u003ca href=\"https://www.granarologroup.com/our-commitment/stronger-planet/biodiversity/granarolo-conapi\"\u003ehttps://www.granarologroup.com/our-commitment/stronger-planet/biodiversity/granarolo-conapi\u003c/a\u003e\u003c/em\u003e\u003c/strong\u003e\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cstrong\u003eGranarolo S.p.A. is also the first company to obtain \u003cem\u003e“Approved By Conapi Bees”\u003c/em\u003e \u003c/strong\u003e(\u003cem\u003e\u003ca href=\"http://conapibees.it\"\u003econapibees.it\u003c/a\u003e\u003c/em\u003e). This refers to the sustainability standard for bee-friendly businesses, devised by Conapi together with the CCPB inspection and certification body. It is the first and only certified protocol with a mark that attests to virtuousness and good practices at company level and businesses’ increased awareness of the environment, biodiversity and communities. The mark is awarded through the monitoring and measurement of ethical conduct towards the ecosystem, bees and pollinators, with the awareness and involvement of people. The actions planned for 2025 include the placement of additional hives in the farms and at the Granlatte cooperative headquarters, as well as running a beekeeping course for employees.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n“We are very happy and proud of this award”, says \u003cstrong\u003eSimona Caselli, Chair of Granlatte\u003c/strong\u003e, “which demonstrates the value and effectiveness of our common project. Through it, we wish to send a strong message: with the synergy between supply chains in the agri-food world, it is possible to take concrete measures to improve the living conditions of bees, by adopting good practices to support biodiversity and raise awareness, not only among producers but also consumers. The recent floods that have hit Emilia-Romagna have highlighted their importance and necessity: bees are the sentinels of the environment and therefore also signal the well-being of an area”.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n“Granarolo was the first company to sign up to our protocol certified with the \u003cem\u003eApproved By Conapi Bees\u003c/em\u003e seal”, commented \u003cstrong\u003eGiorgio Baracani, President of Conapi-Mielizia\u003c/strong\u003e. In addition to this, the \u003cem\u003e“Granarolo and Conapi together for biodiversity and bee health”\u003c/em\u003e project, started in 2023, has allowed us to develop a particularly virtuous synergy to raise awareness among farmers and therefore also the public and consumers, with the aim of improving the living conditions of our bees. It is essential that, through the implementation of good practices, the world of agriculture and livestock interact and collaborate with the world of beekeeping for continuous and common improvement, in the awareness that bees play a crucial role in safeguarding biodiversity and the planet we live in”.","thumbnail":{"url":"/system/granarolo_corporate2/attachments/data/000/021/421/original/Granarolo_European_Bee_Award_2.jpg?1733907255","alt":null},"miniformat_title":"Corporate","activated_at":"2024-12-11T08:36:00.000Z","media_image":{"url":"/system/granarolo_corporate2/attachments/data/000/021/421/original/Granarolo_European_Bee_Award_2.jpg?1733907255","alt":null},"layout":"tile","flag_params":58,"interactions":[],"likes_info":{"like_interaction_id":null,"liked":false},"favourites_info":{"favourite_interaction_id":null,"is_favourite":false,"list_names":[]},"reward_name_to_counter":null},"granarolo-ha-conseguito-la-certificazione-per-la-parita-di-genere":{"id":1338,"name":"granarolo-ha-conseguito-la-certificazione-per-la-parita-di-genere","path":"media-room/press-releases/Granarolo-has-obtained-gender-equality-certification","slug":"media-room/comunicati-stampa/granarolo-certificazione-parita-di-genere","title":"Granarolo has obtained gender equality certification","type":"cta","description":"Bologna, 03/12/2024 – Granarolo S.p.A. has obtained the UNI/PdR 125:2022 gender equality certification for all its sites in Italy. This is evidence of our commitment to creating a company culture that is inclusive and attentive to people and their needs. Since its foundation, Granarolo has promoted initiatives for gender equality in the fields of selection and hiring, career management, salary increases, welfare and conciliation policies, awareness-raising and communication projects to promote an inclusive corporate culture free from stereotyping and prejudice.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe introduction of the gender equality management system, in accordance with to the UNI/PdR 125:2022 reference practice, provides for the measurement, reporting and evaluation of a set of indicators distributed over certain areas: selection and hiring, career management, gender pay equity, parenting and care protection, work-life balance, prevention of any form of physical, verbal or digital abuse (harassment) in the workplace. The aim is to cover any existing areas not yet included and to produce sustainable and projected change over time, by virtue of a dedicated strategic plan.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nObtaining gender equality certification is one of the five strategic sustainability objectives of the 2024-2028 Business Plan launched following the Cassa di Depositi e Prestiti and ENPAIA capital injection into the Granarolo Group.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n“The gender equality certification testifies to the commitment and results achieved by our Group in removing any gender-based barrier that hinders access and professional growth in the company. It is a significant step for a company that seeks to be a virtuous example in all the Italian territories in which it operates, also in terms of social responsibility and equality. Among the many previous initiatives, we can mention the creation of a Donated Human Milk Bank in Bologna. This non-profit project launched 12 years ago collects breast milk for use by newborns in intensive neonatal care wards in many hospitals in our Emilia-Romagna region. A project by Granarolo women for the women of Granarolo and the city of Bologna – a project without equal in Europe,” said \u003cstrong\u003eChairman Gianpiero Calzolari\u003c/strong\u003e.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cstrong\u003eFrancesca De Santis, Head of Governance, Risk Management and Compliance and a member of the Guiding Committee for Gender Equality\u003c/strong\u003e, said: “In this historic moment of great attention on gender issues, our company reaffirms its commitment to promoting equity in the workplace. It is precisely in technical environments such as ours that we expect the most significant progress, thanks to the increasingly widespread presence and development of women, including in managerial roles. We will strive to achieve equality in each of the areas in question.”\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cstrong\u003eRiccardo Sebastiano Piaggi, Director of Human Resources, Organisation and IT\u003c/strong\u003e adds: “Obtaining the certification is only a first step on the path of supporting Inclusion and Diversity in the Group. We have since defined an action plan that will be monitored by the Guiding Committee for Gender Equality. We are convinced that the best actions to implement come from the company population; therefore, we continue on our path of listening to everyone.”\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe certifying body is Dasa-Rägister.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe Gender Policy can be downloaded from the Granarolo website \u003ca href=\"https://www.gruppogranarolo.it/il-nostro-impegno\"\u003ehttps://www.gruppogranarolo.it/il-nostro-impegno\u003c/a\u003e.\u003cbr /\u003e\r\n\u0026nbsp;","thumbnail":{"url":"/system/granarolo_corporate2/attachments/data/000/021/286/original/Gruppo_Granarolo.jpg?1733224030","alt":null},"miniformat_title":"Corporate","activated_at":"2024-12-03T11:00:00.000Z","media_image":{"url":"/system/granarolo_corporate2/attachments/data/000/021/286/original/Gruppo_Granarolo.jpg?1733224030","alt":null},"layout":"tile","flag_params":58,"interactions":[],"likes_info":{"like_interaction_id":null,"liked":false},"favourites_info":{"favourite_interaction_id":null,"is_favourite":false,"list_names":[]},"reward_name_to_counter":null},"approvato-bilancio-consolidato-e-bilancio-di-esercizio-2023":{"id":1292,"name":"approvato-bilancio-consolidato-e-bilancio-di-esercizio-2023","path":"media-room/press-releases/Consolidated-Financial-Statements-approved-and-Operating-Budget-2023","slug":"media-room/comunicati-stampa/approvato-bilancio-consolidato-e-bilancio-di-esercizio-2023","title":"Consolidated Financial Statements approved and Operating Budget 2023","type":"cta","description":"\u003cem\u003eBologna, 19\u003csup\u003eth\u003c/sup\u003e\u0026nbsp;March 2024\u0026nbsp;\u003c/em\u003e- The Board of Directors of Granarolo S.p.A., which met on 18\u003csup\u003eth\u003c/sup\u003e March under the chairmanship of Gianpiero Calzolari, has approved the Financial Statement Draft which will be submitted to the Shareholders’ meeting, scheduled on the 22\u003csup\u003end\u003c/sup\u003e of April.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cstrong\u003eConsolidated sales \u003c/strong\u003efor 2023 amounted to €\u0026nbsp;\u003cstrong\u003e1,617 million\u003c/strong\u003e, an\u0026nbsp;increase of € 122 million (+8.2%) compared to the previous year. The change in turnover on a like-for-like basis and net of the exchange rate effect of +8.3% was mainly due to the inflation recorded on raw materials and energy.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cstrong\u003eThe Group's\u0026nbsp;gross operating margin \u003c/strong\u003e(\u003cstrong\u003eEBITDA\u003c/strong\u003e) amounted to\u0026nbsp;\u003cstrong\u003e€\u0026nbsp;94.0 million\u003c/strong\u003e, or 5.8% of revenues.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe increase in margins has mainly been generated by the launch of the Group’s new strategic plan, which is geared towards product innovation, renewed focus on industrial processes aimed at cost reduction, the development of international sales, and the coordination of industrial strategies towards the upstream supply chain.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cstrong\u003eOperating profit (EBIT)\u003c/strong\u003e amounted to\u0026nbsp;\u003cstrong\u003e€ 32.3 million\u003c/strong\u003e, or 2.0% of sales revenue, an increase of € 28 million compared to 2022.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe Group was able to absorb an inflation impact of about € 188 million in 2022 and about € 35 million in 2023 related to raw materials, energy, packaging, logistics, and cost of money.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe \u003cstrong\u003enet profit\u003c/strong\u003e\u0026nbsp;for the year was\u003cstrong\u003e €\u0026nbsp;9.2 million\u003c/strong\u003e,\u0026nbsp;up €\u0026nbsp;7.1 million from the previous year.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe\u0026nbsp;\u003cstrong\u003eNet Financial Position\u0026nbsp;\u003c/strong\u003eamounted to \u003cstrong\u003e€\u0026nbsp;178.4 million,\u003c/strong\u003e\u0026nbsp;an improvement of € 120 million compared to the same figure at 31\u003csup\u003est\u003c/sup\u003e December 2022, with leverage of 1.7x\u003csup\u003e1\u003c/sup\u003e\u0026nbsp;. The improvement mainly reflects the positive impact of the capital increase of € 160 million finalised in June 2023, net of investment activity of approximately €30 million and the increase in financial liabilities of over € 14 million due to changes in the scope of consolidation.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe Board of Directors decided \u003cstrong\u003eto propose to the Shareholders' Meeting the\u0026nbsp;distribution of a dividend of\u0026nbsp;€\u0026nbsp;7 million.\u003c/strong\u003e\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe Group's sales are traditionally concentrated in\u0026nbsp;Italy, \u003cstrong\u003eaccounting\u0026nbsp;for 62% of revenues\u003c/strong\u003e; sales in Europe increased by 7.7% and those in non-European markets fell slightly due mainly to the drop in volumes of hard cheeses to Canada, partly offset by the increase in volumes in the MEA (Middle East and Africa) area. Overall, turnover on f\u003cstrong\u003eoreign markets reached 38%\u003c/strong\u003e of total turnover, consolidating these markets’ role as the Group's main growth opportunity.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cu\u003e\u003cstrong\u003eTHE GRANAROLO PLAN\u003c/strong\u003e\u003c/u\u003e\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThe capital strengthening operation carried out in 2023 is essential to the realisation of the Granarolo Group's 2023-2027 strategic plan, which includes both important organic growth targets and extraordinary operations aimed at strengthening the group's competitive position in Italy and abroad.\u003cbr /\u003e\r\n\u0026nbsp;\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cem\u003e“We are satisfied with the results achieved during 2023. Supply chain and markets are fundamental assets of our nature as a company. We are working on a Farm of the Future and a Factory of the Future in which artificial intelligence will also enable us to anticipate new risks. The main players of this momentous change will be the young people who are working alongside us, the new generations of farmers, our workers and maintenance staff who are working on their own educational growth, the marketing, quality, and R\u0026amp;D colleagues who are building our new Innovation Centre. All of the above within the context of our commitment to a productive and sustainable future, both in our farms and our factories, whether this be achieved through alternative energy sources (biomethane by our dairy cooperative, photovoltaic energy, etc.), predictive maintenance, or artificial intelligence used for order management of returns reduction. We are serenely looking to the near future, certain that we will be able to deliver on the mandate we have taken upon for ourselves and for our consumers,”\u0026nbsp;\u003c/em\u003ecomments\u0026nbsp;\u003cstrong\u003eGianpiero Calzolari\u003c/strong\u003e, Chairman of Granarolo S.p.A.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n[1] calculated without the impact of IFRS 16 applied to operating leases\u003cbr /\u003e\r\n\u0026nbsp;","thumbnail":{"url":"/system/granarolo_corporate2/attachments/data/000/016/275/original/_GAF8835.jpg?1710854024","alt":null},"miniformat_title":"Corporate","activated_at":"2024-03-19T13:16:00.000Z","media_image":{"url":"/system/granarolo_corporate2/attachments/data/000/016/275/original/_GAF8835.jpg?1710854024","alt":null},"layout":"tile","flag_params":58,"interactions":[],"likes_info":{"like_interaction_id":null,"liked":false},"favourites_info":{"favourite_interaction_id":null,"is_favourite":false,"list_names":[]},"reward_name_to_counter":null},"granarolo-a-misura-d-api-la-prima-azienda-conforme-al-protocollo-con-marchio-certificato-approved-by-conapi-bees":{"id":1274,"name":"granarolo-a-misura-d-api-la-prima-azienda-conforme-al-protocollo-con-marchio-certificato-approved-by-conapi-bees","path":"media-room/press-releases/granarolo-bee-friendly-it-is-the-first-company-to-comply-with-the-approved-by-conapi-bees-protocol","slug":"media-room/comunicati-stampa/granarolo-a-misura-d-api-la-prima-azienda-conforme-al-protocollo-con-marchio-certificato-approved-by-conapi-bees","title":"Granarolo bee-friendly: it is the first company to comply with the Approved By Conapi Bees protocol","type":"cta","description":"\u003cem\u003eBologna, January 22, 2024\u003c/em\u003e - \u003cstrong\u003eGranarolo S.p.A. is the first company to obtain \u003cem\u003e\"Approved By Conapi Bees\"\u003c/em\u003e, the sustainability standard for bee-friendly companies\u003c/strong\u003e, the first voluntary environmental protocol drawn up by Conapi - Consorzio Nazionale Apicoltori (National Consortium of Beekeepers) together with the inspection and certification agency CCPB, created to seal the synergy between virtuous companies and pollinating agents, united together for the diffusion and protection of biodiversity.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cstrong\u003e\u003cem\u003e\"Approved By Conapi Bees\"\u003c/em\u003e is the only label that certifies the virtuousness of good practices at company level\u003c/strong\u003e and the path of awareness undertaken by companies towards the environment, biodiversity, people and communities by monitoring and measuring ethical behaviour towards the ecosystem, bees and pollinators, with employee awareness and involvement.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cstrong\u003eIn 2023, the Granarolo Group started a partnership with Conapi on a unique and distinctive project\u003c/strong\u003e, which envisages the implementation of a specification of structural actions near some of the Group's farms and the placement of beehives in the shareholders’ farms of the Granlatte-Granarolo milk supply chain.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nThere are currently \u003cstrong\u003e50 Granlatte dairy farmers that have adhered to the specification\u003c/strong\u003e. Of these, \u003cstrong\u003e17 are those in which hives have been placed by Conapi\u003c/strong\u003e: 8 in Emilia-Romagna, 5 in Lombardia, 3 in Puglia and 1 in Basilicata. \u003cstrong\u003eThere are 371 hives installed for a total of approximately 18,550,000 bees\u003c/strong\u003e.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\n\u003cstrong\u003eFrom 15 January, the \u003cem\u003e\"Approved By Conapi Bees\"\u003c/em\u003e label will also appear on millions of Tetra Rex packages of Granarolo Organic whole and semi-skimmed milk references\u003c/strong\u003e. The installation of beehives at the dairy farmers’ stables will soon be followed by the placement of beehives at the Granlatte-Granarolo headquarters and a beekeeping training course open to Group employees.\u003cbr /\u003e\r\n\u003cbr /\u003e\r\nBiomonitoring on the beehives of the farms and at the Group's sites is planned during 2024, as well as \u003cstrong\u003eopen days for all at the farms of the supply chain shareholders involved, with visits to the beehives and to the stable and workshops on milk and honey\u003c/strong\u003e.","thumbnail":{"url":"/system/granarolo_corporate2/attachments/data/000/015/528/original/Granarolo_Conapi_4.jpg?1705930607","alt":null},"miniformat_title":"Corporate","activated_at":"2024-01-22T13:00:00.000Z","media_image":{"url":"/system/granarolo_corporate2/attachments/data/000/015/528/original/Granarolo_Conapi_4.jpg?1705930607","alt":null},"layout":"tile","flag_params":58,"interactions":[],"likes_info":{"like_interaction_id":null,"liked":false},"favourites_info":{"favourite_interaction_id":null,"is_favourite":false,"list_names":[]},"reward_name_to_counter":null}},"main_tag_name":"home-page","breadcrumb":null,"recaptcha_v3":{"site_key":"6Lem6iUpAAAAAMO-FrwOVoRHt_ukZmwXgrQvtSi9"}}); 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