Since January 29, 2015, the date of its listing on the stock exchange, Italian Wine Brands has recorded significant growth. The value of the shares has increased by over 130%, from an initial 10 euros to more than 22 euros today. At the same time, the market capitalization has risen from 60 million euros at the time of the IPO to over 210 million, a sign of the group's solidity and investors' confidence. The turnover has also increased significantly, from 140 million in 2015 to the current 400 million euros. The EBITDA for 2024 is expected to be 50 million euros, compared to the 12 million recorded in 2015, as underlined by the president and CEO Alessandro Mutinelli, who took the opportunity to look back at the company's first decade on the stock exchange.
Over the years, Italian Wine Brands has expanded its structure through strategic acquisitions, integrating companies such as Giordano Vini, Provinco, Svinando, Raphael Dal Bo, Enoitalia, Enovation Brands and Barbanera. These operations have made it possible to involve the founders and families of the acquired companies in the project and in the capital of the company. Looking to the future, Mutinelli does not exclude new acquisitions, as long as they are in line with the group's innovation and growth strategy. Initially considered a sector not suitable for listing on the stock exchange due to the fragmentation of the market and the high investments required, Italian Wine Brands has proven the opposite, establishing itself as a solid and constantly expanding reality.
Today, with over 70% of the free float, Italian Wine Brands is a true public company, counting thousands of shareholders including institutional and private investors. The group generates 80% of its turnover abroad and boasts five analysis laboratories for quality control, distributing approximately 160 million bottles in more than 90 countries, compared to 44 million in 2015. With a portfolio of over 70 proprietary brands and private labels, the group stands out for its ability to create high-quality wines capable of satisfying the needs of a constantly evolving market.
Italian Wine Brands' stock market debut took place through an innovative listing model, thanks to the IPO Challenger initiative by Electa Ventures, led by Simone Strocchi. The goal was clear from the beginning: to create a leader in the wine sector, historically characterized by strong fragmentation. This approach has demonstrated how finance, when used to support industrial growth rather than for simple trading, can be a driver for the development of Italian excellence.
Ten years after listing, Mutinelli wanted to thank those who contributed to the group's growth path, underlining how Italian Wine Brands has become an internationally recognized reality for its quality, breadth of range and distribution capacity. The company has kept its initial promise to aggregate realities in the sector to compete with the main global players and to create value for its shareholders. However, the path is not yet over and there are still many opportunities to explore.
Simone Strocchi also highlighted the company's success, underlining how the experience of Italian Wine Brands represents a model that can be replicated in other sectors of the Italian economy. Promoting the meeting between capital and ambitious entrepreneurial projects can lead to the birth of new industrial champions, strengthening the economic fabric of the country.
