Santa Margherita Gruppo Vinicolo emerges from the two years of the pandemic with record results - the best in its history - thanks to a cycle of investments that began as long ago as 2005 and has never been interrupted since then: over 350 million Euro that have revolutionized the aspect and prospects of the wine production hub at Fossalta di Portogruaro, founded in 1935 and still owned by the Marzotto Family.
Turnover in last year’s campaign in fact reached 220.4 million Euro, with growth of 28.3% over the previous fiscal year; but the most relevant figure is the increase compared to 2019 (i.e., the pre-pandemic values): up 16.3%. Both of these data are higher than the CAGR (compound annual growth rate) registered in the decade 2010-2020, which reached 9%. Notable was the figure for EBITDA (Earnings Before Interest Tax Depreciation Amortization): no less than 79.19 million Euro, or 35.9%.
In volume terms, growth was of 13.1% compared to 2019, going over the threshold of 25.8 million bottles sold: every day, in 96 countries around the world including Italy, more than 70,000 bottles produced by Santa Margherita Gruppo Vinicolo are uncorked.
Investments in the wine sector
A fundamental factor that has contributed to fostering this growth remains that of investments, which in 2021 amounted to a total of 13.2 million Euro, destined for the acquisition of:
- wineries and vineyards (such as Pieve Vecchia in the Maremma which has reinforced Tenuta Sassoregale estate and its extension of the vineyard area to 718 hectares, of which more than 76% is owned and more than 50% is farmed organically):
- human resources (employment grew yet again, to 462 people);
- plant in the wineries;
- hospitality sector.
A further 16.2 million Euro have been allocated for 2022.
International exports and the Italian market
Export represents an increasingly important proportion of the Group’s sales, now over 70% of total turnover (19.04 million bottles) - as against the 66.5% registered in the period pre-pandemic - with the United States, Canada and Australia leading the list of the 95 foreign markets served today by Santa Margherita Gruppo Vinicolo.
At the same time, the Italian market proved a source of great satisfaction: it is the second in importance after the United States, with 29.9% of total sales, rising from 29.1% in 2020.