Terre Cevico's annual financial meeting was held at the Teatro Socjale in Piangipane (Ravenna), where the results for the 2024/25 financial year were presented. The numbers confirmed the first-level agricultural cooperative, with headquarters in Lugo and Forlì, as one of the major players in the Italian wine industry.
The eighth edition of the Group's Sustainability Report was also presented during the Annual Meeting. Following the incorporation of the core cooperative and some of its subsidiaries on January 1, 2024, the report reflects this new organizational structure for the first time, along with significant progress toward alignment with the European Sustainability Reporting Standards (ESRS).
The numbers
The 2024 harvest data shows 992 members working on 3,616 hectares of vineyards, with a grape yield exceeding 966,000 quintals (9%), with mechanical harvesting accounting for 71% of the total. In the 2024/25 financial year, Terre Cevico invested a total of €5 million, continuing its plan for technological and logistical modernization and efficiency.
The group's financial statements show a consolidated turnover of 213 million euros (3.4%) with a net profit of 1.979 million euros (25%) ; the capital gain for shareholders – i.e. the value generated by the difference between the liquidation of the contributed products and the market price – amounts to 8.3 million euros (1.2%) , while net equity is 78.5 million euros . The number of employees has increased to 523.
As regards the packaged goods sector, the Italian market is the one that is growing the most, rising to 88.9 million Euro, a 5.8% increase on the previous year (83.7 million).
Exports currently account for 44.4% of the group's total packaged product revenues (€159.8 million). Terre Cevico currently operates, including through its subsidiaries, in approximately 90 countries, with leadership positions in some areas such as the United Kingdom, Japan, Sweden, Germany, and the United States. Over the past eight years , it has seen strong growth in export revenues of packaged wines (65.2% ), from €42.9 million in the 2017/18 financial year to €70.9 million in 2024/25.
The top three foreign markets for bottled wine are the United Kingdom (9.9 million Euro), Japan (8.7 million Euro) and Sweden (7.9 million Euro).
Total bulk wine sales, including domestic and export revenues, amounted to €56 million, a 7.5% increase in value. Terre Cevico's Italian channel grew in value : the large-scale retail market generated €55.8 million (€50.3 million in the previous financial year), and the Horeca channel was worth €16.3 million, compared to €12.7 million in the previous financial year.
Assembly in Piangipane
The data were presented at the Budget Assembly held at the Teatro Socjale in Piangipane, which included speeches by Franco Donati, President of Terre Cevico, Linda Faggioli, Administrative and Financial Director, Paolo Galassi, General Manager, Eleonora Proni, Regional Councillor of the Emilia-Romagna Region, delegated by President De Pascale on his behalf, and Paolo Lucchi, President of Legacoop Romagna.
Terre Cevico President Franco Donati stated that " harvests are no longer excessive in quantity, and consumer choices are changing, becoming more attentive to well-being and contemporary conviviality. Thus, white, rosé, and sparkling wines are gaining ground, while full-bodied reds, often more expensive and with a high alcohol content, are showing signs of decline. New food trends are guiding us towards a consumption of light, fresh dishes, therefore paired with white, rosé, and sparkling wines. Red wines are obviously not disappearing, but in everyday life they are giving way to easier-drinking labels. The global scenario is also not helping, and conflicts in Eastern Europe and the Middle East, along with Trump's tariffs, are creating instability and insecurity. Terre Cevico, however, is looking ahead, and along with the generational change in governance, which must be prepared in advance, we will consider decisions within the company that must be made quickly regarding organizational and strategic aspects, especially regarding the role of red wines ."
Eleonora Proni , Councilor of the Emilia-Romagna Region delegated by President De Pascale, stated: " Sixty years of history and nearly a thousand members, in addition to being a significant milestone, are testimony to a robust cooperative structure rooted in Romagna with a national and international reach, encompassing 90 countries. We face numerous challenges: from climate change to changing lifestyles affecting consumption, to a geopolitical context that makes global trade difficult. Terre Cevico, with its strong value system and strong membership base, demonstrates that it has the strength and courage to face the uncertainties of a constantly evolving market ."
The closing remarks were delivered by Legacoop Romagna President Paolo Lucchi : " Terre Cevico's 2025 financial statements confirm the efficiency and transparency the group has maintained during a challenging period for the wine market, thanks in part to the organizational structure launched less than two years ago. And this is a good thing, as Terre Cevico is a leading example of a cooperative that places ten companies among the top 30 in Romagna in terms of economic capacity and size. What makes me particularly satisfied is the consistent approach to promoting native wines, particularly those from Romagna, the efficiency of logistics, and the focus on product and packaging innovation, which perfectly meets the demands of large-scale Italian retail trade, which represents over 70 percent of Cevico's market ."
12/12/2025
12/12/2025
10/12/2025
09/12/2025
