Fedrigoni increases its turnover by 37 per cent and exceeds the 2 billion euro threshold

Photo: Fedrigoni

The Fedrigoni Group, one of the world's leading players in premium labels and self-adhesive materials, specialty papers for luxury packaging and other creative solutions, closed 2022  by exceeding the EUR 2 billion proforma turnover threshold: 2.21 billion compared to 1.6 in 2021  (+37%), distributed between Italy (504 million, +44%), the rest of Europe (1,054 million, +36%) and the  rest of the world (653 million, +31%), with a proforma Ebitda of 3401 million (+54% compared to 2021) and investments of approximately 80 million (over 60 in 2021).

This growth has affected both company's business units, which have been repositioned in the last four years towards premium product segments: labels and self-adhesive materials have risen to EUR 1,307 million (+31%) and specialtypapers for luxury packaging and other creative solutions to EUR 904 million  in revenue (+43%). Today Fedrigoni employs more than 5,000 people in 28 countries, has 68 production  plants and slitting and distribution centres and 25,000 products distributed in 132 countries. It is the  leading global player in both luxury packaging and premium wine labels, the third in self-adhesive  materials for industrial uses (pharmaceutical, food & beverage, home and personal care products) and  the second in art and drawing papers.

"2022 was another year of profitable and responsible growth for Fedrigoni, despite the unstable  geopolitical context and supply chain disruptions," comments CEO Marco Nespolo. "An agile business  model, focus on innovation, constant transformation and the involvement of our people have enabled  us to confirm our position as the world's leading manufacturer of wine labels and specialty papers for luxury packaging, giving concrete form to our purpose: making materials a source of creative  possibilities for brands everywhere. The year ended on a high note with the entry of a new private equity  fund, BC Partner, into the shareholding structure, which joined Bain Capital in the growth pathway of the next five years, and the entire leadership team reinvested in the company".