• Fri. Oct 22nd, 2021

Sanpellegrino, in 2020 turnover of 893 million with more than 3.5 billion bottles produced

Byeditorial

May 20, 2021

Turnover in 2020 of 893 million euros for Sanpellegrino, a reference company in the mineral water and non-alcoholic drinks sector, with more than 3.5 billion bottles produced in 2020. A result that has seen a decrease of only 8.1% in terms of turnover, despite the collapse of away from home due to the Covid-19 pandemic and the consequent closures imposed on the sector, a decline partially offset by the growth of e-commerce. A substantial holding, on the other hand, of the S.Pellegrino and Acqua Panna brands on the foreign market which represents 64% of the company’s overall turnover. Specifically, the Sanpellegrino brand (water + soft drinks) closed 2020 with turnover in line with 2019, the year in which growth stood at 6.3%. In 2020, the turnover of Sanpellegrino linked to exports amounted to 573 million euros, recording a slight decrease of 2.8% compared to the previous year, against the double-digit growth that had occurred in 2019. Despite the repercussions of the out-of-home Covid-19 pandemic, Sanpellegrino achieved better performances on international markets than those of the entire mineral water sector which, according to Nomisma’s “Mineral Water Monitor” Observatory, has suffered a setback by 11% (in value) in cross-border sales. Sanpellegrino exports grew mainly in the United States, the Group’s largest market, driven by S.Pellegrino mineral water (+ 8.6%) and soft drinks (+ 13.7%), in Russia where the two brands recorded an overall + 27.7% and in China where the uncertainty linked to the virus has decreased and there was an 80% increase in Acqua Panna sales. To these data are added those obtained on Italian market in which the company had a turnover of 320 million euros. Although an important slice of Sanpellegrino’s business is linked to the out of home, heavily affected by the effects of the pandemic (-38% 1), the group saw a decline of 16%, partially offset by the resilience of the retail channel and by the increase in e-commerce (+ 36%). Consumers also confirmed their appreciation for brands such as Levissima, which grew in market share and recorded a volume increase of 1%, and for S.Pellegrino and Acqua Panna, which saw a volume increase of 3%. Sanpellegrino in 2020 also took the field with concrete actions alongside the gastronomic community to support Italian and international restaurants with the #SupportRestaurants project, which aimed to help restore a climate of serenity and trust after the reopening of activities in May last year, so that people rediscover the pleasure of good food, in complete safety. In addition to stimulating with this campaign a movement to restore energy to the world of catering, in Italy, the Group is committed to supporting – with free products worth 1 million euros – some of the catering companies that have made water S.Pellegrino an Italian icon offering a concrete contribution to manage immediate economic needs and lay the foundations to restart. “I am proud of how the people of the Sanpellegrino Group have achieved important results also in 2020, containing the negative impact of the pandemic on business and showing great closeness and support to customers, especially in the HoReCa sector heavily affected by the Pandemic. – comments Stefano Marini, Chief Executive Officer of the Sanpellegrino Group – The 2020 results were in fact influenced, especially in Italy, by the contraction of the ho.re. linked to the drop in consumption, during the lockdown imposed by the Covid-19 emergency. Sales on international markets ionali, on the other hand, held up, driven by the appreciation of our products, synonymous with the excellence of Made in Italy and the Italian lifestyle on tables all over the world. Abroad there was a 2% increase in sales in Japan, 8.5% in the United States, with peaks of 27.7% in Russia and 28% in China. Essenza is also particularly popular in the United States, the new line of flavored waters which in the American market has achieved 80% of global sales’. The data for the first months of 2021 outline a positive trend: all the conditions are in place and we are confident of continuing to grow “.

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