DEOLEO S.A. (ES:OLE) has released an update.
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Deoleo S.A., the leading olive oil company, reported a positive first half with a net profit of €0.5M and a 55% increase in EBITDA to €19.7M, despite high raw material costs and reduced consumption. The company’s strategic focus on brand prioritization, operational efficiency, and commitment to sustainability, including notable ESG achievements, has driven a 25% turnover increase. Even with the challenging market conditions, Deoleo successfully managed costs and improved liquidity, positioning itself for strategic opportunities.
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