9M 2020 Results - Investor call
Milan, 4 November 2020
AGENDA
- Operating scenario and strategy at work
- 9M 2020 financial results
- Final Remarks
Michele Bianchi - CEO
2
LEADING PRODUCERS IN EUROPE
KappaStar Holding
- Umka
RDM's mill
Paprinsa, preliminary agreement signed on 30 Sept. 2020, closing expected not later than 31 March 2021.
MM's mill | 3 |
Source: Company data |
Resilient end-use exposure proven during Covid-19outbreak, due to the essentiality features of both Food and Pharma (68% weight).
As counterevidence, weakening demand of specialties affected the production of Ovaro mill, especially in H1 2020.
RDM END-USES
Source: RDM internal analysis on 2020 data.
Graphical
Applications
5%
Non Food
27%
Pharmaceuticals
- Cleanings 9%
Food
59%
Value of fiber-based packaging recognized by governments, retailers and consumers during Covid-19 emergency.
4
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Reno De Medici S.p.A. published this content on 04 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2020 15:55:00 UTC