Newlat Food Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Giuseppe Mastrolia

Chief executive officer

€151.9k

Total compensation

CEO salary percentage	n/a
CEO tenure	13.4yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	12.6yrs

Recent management updates

Recent updates

CEO

Giuseppe Mastrolia (35 yo)

13.4yrs

Tenure

€151,921

Compensation

Mr. Giuseppe serves as Chief Executive Officer and Executive Director at Newlat Food S.p.A. since June 29, 2011. He studied Law at the University of Bologna and since 2008 he has been a member of the Issue...

Board Members

Name	Position	Tenure	Compensation	Ownership
Angelo Mastrolia	Executive Chairman	18yrs	€130.88k	no data
Giuseppe Mastrolia	CEO & Executive Director	13.4yrs	€151.92k	no data
Stefano Cometto	CEO & Executive Director	11.8yrs	€130.54k	no data
Eric Sandrin	Lead Independent Director	5.1yrs	€24.00k	no data
Valentina Montanari	Independent Non-Executive Director	5.1yrs	€24.00k	no data
Maria Zoppo	Independent Non-Executive Director	4.2yrs	€24.00k	no data
Benedetta Mastrolia	Non-Executive Director	10.4yrs	€27.26k	no data
Massimo Carlomagno	Chairman of the Board of Statutory Auditors	19.8yrs	no data	no data
Ester Sammartino	Statutory Auditor	19.8yrs	no data	no data
Antonio Mucci	Statutory Auditor	15.3yrs	no data	no data

12.6yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 6NF's board of directors are seasoned and experienced ( 12.6 years average tenure).

Newlat Food Management

Management criteria checks 3/4

Key information

Recent management updates

Newlat Food S.p.A., Annual General Meeting, Apr 29, 2024

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Newlat Food S.p.A. Provides Earnings Guidance for the Year 2024 and 2025

Third quarter 2024 earnings released: EPS: €3.52 (vs €0.15 in 3Q 2023)

Second quarter 2024 earnings released: EPS: €0.083 (vs €0.078 in 2Q 2023)

New minor risk - Shareholder dilution

Newlat Food S.p.A. (BIT:NWL) completed the acquisition of Princes Limited from Mitsubishi Corporation (TSE:8058).

New minor risk - Share price stability

Investor sentiment improves as stock rises 26%

Newlat Food S.p.A. (BIT:NWL) agreed to acquire Princes Limited from Mitsubishi Corporation (TSE:8058) for £700 million.

First quarter 2024 earnings released: EPS: €0.11 (vs €0.15 in 1Q 2023)

Now 22% undervalued after recent price drop

Full year 2023 earnings released: EPS: €0.34 (vs €0.16 in FY 2022)

New major risk - Revenue and earnings growth

Newlat Food S.p.A., Annual General Meeting, Apr 29, 2024

Newlat Food Confirms Advanced Stage of Negotiations for Princes Acquisition

Third quarter 2023 earnings released: EPS: €0.15 (vs €0.033 in 3Q 2022)

Newlat Food S.p.A. to Report Nine Months, 2023 Results on Nov 13, 2023

Second quarter 2023 earnings released: EPS: €0.078 (vs €0.014 loss in 2Q 2022)

New minor risk - Shareholder dilution

First quarter 2023 earnings released: EPS: €0.15 (vs €0.046 in 1Q 2022)

Full year 2022 earnings released: EPS: €0.16 (vs €0.12 in FY 2021)

Newlat Food S.p.A. (BIT:NWL) acquired Alsa yeast production plant of Dr. Oetker GmbH.

Newlat Food S.p.A. (BIT:NWL) signed a contract to acquire EM Foods S.A.S. from Alsa France.

Less than half of directors are independent

Second quarter 2022 earnings released: €0.014 loss per share (vs €0.041 profit in 2Q 2021)

First quarter 2022 earnings released: EPS: €0.04 (vs €0.067 in 1Q 2021)

Less than half of directors are independent

Now 21% undervalued

Now 21% undervalued

Third quarter 2021 earnings released: EPS €0.082 (vs €0.10 in 3Q 2020)

Second quarter 2021 earnings released

Newlat Food S.p.A. (BIT:NWL) signs deal to acquire Symington's Ltd for €60 million.

Full year 2020 earnings released: EPS €0.91 (vs €0.35 in FY 2019)

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age