Financial and ESG Results 2024
The Fedrigoni Group closed 2024 with adjusted proforma revenue of €2.076 billion, up 14.8% compared to 2023. Adjusted proforma EBITDA increased by 12.5% (€380 million in 2024), confirming the company’s solidity and profitability despite the global uncertainty. Among the key elements is the Group’s global dimension, whose revenues in 2024 come 18% from the Italian market, while the remaining 82% is divided between the rest of Europe (43.2%) and the rest of the world (38.8%). The first quarter 2025 saw a rather soft trend due to the persistence of economic instability.
Fedrigoni pursues its sustainability commitment. The focus areas include reducing greenhouse gas emissions, optimizing products according to eco-design and a circular approach, sustainable sourcing, and responsible management of natural resources to improve biodiversity. On the innovation front, we are prioritizing recycled materials and compostable solutions, aiming to replace single-use plastics and improve packaging sustainability.
More info in the press release