Analyzing the budgets of twenty Italian oil companies, a total turnover of approximately 1,7 billion euro, For more than 50% the consolidated turnover in the sector, the net result amounted only to about 15 million euros, corresponding to an average of 0,87%. Which means that for every 100 Euro turnover, the net gain is equal to only 87 cents. Can? This is what says the research freely available on the portal of Workshop Oil Food Festival (www.olioofficina.com). You can download HERE.
The report, powered by Massimo Occhinegro, entitled Economic analysis on twenty companies of the sector of olive oil. Comparison of the exercises 2010 and 2011, It is designed to raise awareness around the future fortunes of the sector, with the clear intention of reacting to the State of quiescence that is going through the years. "What remains to be done – admits Luigi Caricato, the Director of Workshop Oil Food Festival, who commissioned the survey – is pushing the industry to think and react. So far all have relied on the institutions, wrong, because these are bureaucratic and unwieldy a sector which needs cultural actions rather than new and cumbersome laws ".
Companies that are able to select good profit margins are few. We lose all: olive growers, oil-Millers, Packers, Traders, and even the great organised distribution. On the portal Workshop Oil (www.oliofficina.com) There is a free ebook with the detailed report of the survey, one of a kind. So, for the first time ever, have been taken into account budgets of 20 oil companies, all Italian property. The picture is bleak: Although sales volumes are high, in quantity and in value, operating result, net of tax, is extremely low. A total turnover of approximately 1,7 billion euro, For more than 50% the consolidated turnover in the sector, the net result amounted only to about 15 million euros, corresponding to an average of 0,87%. Which means that for every 100 Euro turnover, the net gain is equal to only 87 cents. A real disappointment when you consider that the nutritional and sensory quality of extra virgin olive oil has always been perceived as a value.
The oleologo Luigi Caricato supports and reiterates that the aim of the publication is to warn those who, closed in their egoism, they do not intend to change attitude, Despite the reality proves little rosea. The olive oil market should be managed differently, lacking a common strategy, ever taken in over thirty years of, aside from the happy exceptions dovote to the initiative and ability to some entrepreneurs, It never planned anything.
The current situation, become unbearable, goes necessarily changed. "One glimmer of positive light in hindsight there is. By careful analysis of the financial statements of oil companies, it turns out that virtuous companies are, in spite of everything, rewarded by the market, but it's not enough, because they cannot work in continual state of uncertainty. Create the ideal climate because it works well, in a shared and cohesive. "Is not an unachievable dream", explains Uploaded. "Just put the brakes on any pretense of ideological mold. The Renaissance road you can. Just don't let up and work for the unity of the. It is not asking too much, but it is what has been missing all these years”.
Producers of olive oil Italian listening, possible that these details are correct?