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Cavit's shareholders' meeting authorized the consolidated financial statements for 2024/2025, encompassing the fiscal year ending May 31, 2025. The accounting scope includes the parent firm Cavit Sc and its subsidiaries: Cesarini Sforza SpA, a wholly-owned subsidiary; GLV Srl, with an 80% ownership; and Kessler Sekt & Co KG, in which the group owns a 50.10 % stake. During the year, the disposal of Casa Girelli SpA, a firm that joined the group in 2019 and specialized on producing private labels primarily for foreign markets, was also finalized. "The approved financial statements confirm the solidity of our model ", declared President Lorenzo Libera. "Despite a challenging global environment characterized by structural difficulties, we have successfully achieved satisfactory financial results and provided appropriate returns for our shareholders". The group's consolidated turnover reached €242.8 million, meeting forecasts and demonstrating Cavit's capacity to remain competitive in its reference markets.
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