President Aristide said the results show the cooperative’s ability to deliver value to its member growers in a challenging environment

Agrintesa has closed its 2025/26 financial year, which ended on 30 April, with the best result in the cooperative’s history: a production value of €445mn, while consolidated production value reached €495mn.

Cristian Moretti and Aristide Castellari of Agrintesa

Cristian Moretti and Aristide Castellari of Agrintesa

Image: Agrintesa

The cooperative said the results were particularly significant given that production volumes remained below their full potential and broadly in line with the previous financial year, owing to climatic anomalies that continue to affect the main growing regions.

“The value of production was supported primarily by positive commercial performance in the fruit sector and reasonably favourable conditions in the wine sector,” it said.

The 2025/26 financial year also marked the full integration of the Fruit Modena Group and Ortolani Cofri cooperatives into Agrintesa, strengthening both its production base and membership.

The cooperative’s acreage is also expanding, thanks to the contribution of the recently integrated businesses and the arrival of new members. In 2026, Agrintesa has approximately 10,900ha of fruit and vegetable production and 7,400ha of vineyards.

The cooperative’s financial position has also continued to improve. Net assets rose to €159.5mn, while consolidated net profit amounted to €2.3mn.

“The most important achievement reflected in these financial statements is our ability to deliver value to our member growers in an environment that remains challenging from both a production and climatic perspective,” said Aristide Castellari, president of Agrintesa.

“The payments made to members reflect the strong market positioning of our products, thanks to the work of our commercial companies, which are able to place them in the premium segment of the market, and the high level of competitiveness that the cooperative achieves through careful and efficient management.

“This ability to create value is what we want to continue building on. The financial strength we have achieved allows us to invest, innovate and provide members with new projects and tools to help them navigate the difficulties and changes currently affecting agriculture.

“For us, a substantial asset base is also a means of supporting agricultural businesses and preparing Agrintesa today for the challenges of the coming years.”

The recent AGM also provided an opportunity to update members on progress with the cooperative’s 2024-27 investment plan, which envisages total expenditure of approximately €55mm.

“The programme includes the expansion and modernisation of the Castel Bolognese facility in the province of Ravenna, which was inaugurated last September,” general manager Cristian Moretti said.

“It also includes investment in process digitalisation and a new management system, new processing and winemaking facilities, new photovoltaic systems for energy generation, and improvements to the cooperative’s headquarters.”

Moretti said the investments are supported by two projects under Italy’s National Recovery and Resilience Plan (PNRR), two projects under the Rural Development Programme (PSR), and additional financing mechanisms.

“This support is enabling Agrintesa to accelerate a modernisation programme designed to improve efficiency, process quality and service capacity without increasing consolidated depreciation and amortisation charges,” he said.

“The plan will be completed during the current financial year and represents one of the ways in which the cooperative intends to prepare for changes in production and markets by strengthening its infrastructure, technology and organisation.”

Members also approved two new support schemes for agricultural businesses belonging to the cooperative. These Agrintesa-specific measures will complement existing support available under the EU’s Common Market Organisation (CMO).

The first introduces a form of preferential financing for members, designed to provide additional financial support to agricultural businesses investing in new plantings and frost protection.

The second provides grants for the installation of rain-protection covers in orchards, an increasingly important investment for protecting crops and managing climate-related risks.

Through these measures, the cooperative said it aims to directly support its members’ investment capacity, providing additional tools to help them manage climate risks and develop their businesses.