The meeting held on November 29th saw the renewal of the three-year governance , with Turco confirmed as president . He will be supported by the two vice presidents, Federico Bendazzoli and Marco Bortignon, and by the new board of directors made up of Roberto Albrigi, Giovanni Luca Ballini, Leonello Ballini, Vittorio Gruberio, Daniele Ledri, Lucrezia Moroni, Nazzareno Brunelli, Michele Formenti, Giuseppe Tabarini, Enrico Valbusa, Gianpietro Valbusa, and Andrea Venturelli.
On the same occasion, Quality Manager Manuel Orlandi officially presented the first Sustainability Report , marking a significant step towards a more complete valorization of the Cooperative's activities and a clear and structured reporting of its environmental and social impacts.
The results for the 2024/2025 financial year, which ended on July 31, 2025, were presented to members: a period characterized by large-scale structural investments.
The financial year, which lasted 11 months following the statutory amendment, recorded a consolidated turnover of 58,269,009 euros (41,212,004 generated domestically and 17,057,005 abroad). Over the last 12 months, the figure shows a growth of 1.57% compared to the previous year , confirming the Group's solidity in a complex market context.
The sales mix also remains balanced, with 80% of the market share in Italy and 20% abroad , particularly in Scandinavia, the United Kingdom, the Netherlands, Switzerland, and Germany, areas not affected by the recent introduction of tariffs. Sales to large-scale retail outlets also performed positively, recording a 2.5% growth , while the network of nine directly operated stores maintained substantially stable results, with a slight decline of 1% year-on-year.
The 2024 harvest recorded a total delivery of 177,090 quintals , of which 173,954 quintals from members and 3,136 quintals from directly managed companies, with a decrease of 17% compared to the 212,832 quintals of 2023: a decrease determined by adverse weather conditions, but balanced by a superior quality of the grapes.
From a financial perspective, the Group confirms a solid level of capitalization : consolidated net equity currently amounts to €30,720,000, a figure that reflects strong capitalization and represents one of the Cooperative's structural strengths. This result further strengthens Cantine di Verona's ability to sustain planned investments and to face market dynamics with stability.
On the investment front, the period saw the completion of several key infrastructure projects, such as the photovoltaic system and filtration system at the Custoza plant, as well as the new cartoner and labeler in Quinto. Work also continues on the new 30,000 hl wine vats in Custoza, scheduled for completion in the first half of 2026.
A significant achievement concerns the validation of the Development Contract for investments initiated since 2022.
The increase in profits , which reached 420 thousand euros , is significant.
Energy efficiency improvements , thanks to the installation of photovoltaic panels at all sites, will lead to a 43% reduction in lighting consumption (average, across the three sites) and will already allow for 33% self-production at the Valpantena pilot plant, with an expected average self-consumption of 35% once the Custoza plant is completed. Measurements of CO₂ emissions show a lower average impact per bottle (1.84 kg CO₂) than the national average (2.5 kg CO₂). Innovative circular economy projects have also been launched, such as the agreement for the recovery of 27,000 kg of wine stems for the production of biogas and fertilizer. Packaging has also benefited from improvements, with a further reduction in bottle weight – currently around 190 grams – and the recycling of 27,000 kg of reel waste transformed into label paper, thanks to the collaboration with Fedrigoni. Investments dedicated to the responsible use of water resources in production processes are also significant.
On the social front, Cantine di Verona strengthens its responsibility system by obtaining Smeta certification for the Valpantena plant, which will be extended to all locations, and Equalitas certification. These recognitions demonstrate the company's commitment to the well-being of its workers and shareholders, further demonstrated by the corporate welfare system introduced in the previous year and the investment plan dedicated to personnel. The Biologica, Sqnpi, RafCycle , BRCGS , and IFS certifications were also confirmed, reaffirming the excellence of the group's quality system.
" The 2024/2025 financial year closed with satisfactory results despite a challenging market environment ," stated President Luigi Turco . "Our Cooperative has conducted an internal reorganization to improve production and sales processes. This environment is leading us to build synergies with other companies to maximize our plant's productivity and reduce costs. Completed and ongoing investments, combined with our growing commitment to sustainability, allow us to face future challenges with solidity."
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