Italy pinsami It is among the fastest growing companies in Europe. This is affirmed by financial times in its seventh annual FT 1,000 ranking – Europe’s Fastest Growing Companies compiled based on Statesman data research
THE CLASSIFICATION
The ranking lists the European companies that achieved the highest compound annual growth rate in revenue between 2018 and 2021. The minimum average growth rate required to be listed was 36.2 percent, slightly down from 36.5 percent last year.
PINSAMI GROWTH
With a growth of 1,270.7% and a compound annual growth rate (Cagr) of 139.3%, Pinsami once again ranks among the best performing companies on the European continent this year. Among the nearly 1,000 companies surveyed, the Based in Reggio Emilia Italian pinsa manufacturer it ranks 118th in revenue growth, 25th among Italian companies and first in the F&B sector.
In 2022 Pinsami achieved income of almost 17 million euros, and forecasts for 2023 will reach €26M. This is also thanks to the recent inauguration of the new plant, which plans to double the current daily production of pinsas from 50,000 to 100,000.
“This prestigious ranking rewards us for the second consecutive year,” says Fabio Grillo, CEO of Pinsami“and we can only be proud of the important results obtained in so few years. From 2017 to the present, we have contributed to the growth of a young and rapidly expanding market, without ever betraying the nature of our product that preserves those unique and distinctive organoleptic characteristics so appreciated by consumers. Now we are preparing to face new challenges, among fierce new players, an increasingly saturated market and the need to make pinsa culture even abroad.”
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