EATALY DISTRIBUZIONE S.R.L.

10126 Torino Tax code 09450580015

CCIAA number TO1052819
Private company
The GUO of this controlled subsidiary is EATINVEST S.P.A.

Contact details

Registered office address

VIA NIZZA, 224 Phone number 065755335
10126 Torino Website address www.eataly.it
TORINO(PIEMONTE)

Trading address
VIA NIZZA 224 Phone number 001119506801
10126 Torino
TORINO(PIEMONTE)

Legal & account information

Legal status Active Last accounting closing date 31/12/2016

Legal form Limited liability company -
SRL No of available years 10
Date of incorporation 02/10/2006 Available accounts Unconsolidated
Last accounting model Detailed

Size and group information

Turnover (2016) 178.805.548 EUR BvD independence indicator D

Profit (loss) (2016) -11.075.386 EUR
Total assets (2016) 98.244.891 EUR No of companies in 17
Employees (2016) 1.640 corporate group
No of recorded shareholders 2

No of recorded subsidiaries 5

Main exchange Unlisted

Industry classification

Italian trade description RISTORAZIONE CON SOMMINISTRAZIONE

English Trade Description Restaurant with eating area

Ateco 2007 code 561011 Ristorazione con somministrazione

SAE code 430 Imprese produttive

RAE code 660 Servizi degli alberghi e pubblici esercizi

Peer group

Name 561 VL (Very large companies)

Description Ristoranti e attività di ristorazione mobile
Size 3.795 companies

Key financials & employees

Unconsolidated 31/12/2016 31/12/2015 31/12/2014 31/12/2013 31/12/2012 31

EUR EUR EUR EUR EUR
12 months 12 months 12 months 12 months 12 months
Detailed Detailed Detailed Detailed Detailed
ICS ICS ICS ICS ICS

Revenues from sales and services 178,805,548 211,841,408 171,242,201 130,132,395 100,403,499 6
EBITDA -4,848,578 12,863,550 12,332,594 9,501,819 7,458,877
Profit (loss) -11,075,386 713,293 76,652 3,369,745 3,152,582
Total assets 98,244,891 104,477,581 87,665,334 90,648,367 64,912,220 4
Total shareholder's funds 7,736,690 16,197,750 15,484,461 15,407,808 11,941,635
Net financial position 5,247,472 -15,558,811 -8,097,980 -13,744,828 -10,759,569 -

EBITDA/vendite (%) -2.65 6.00 6.88 6.93 7.03

Return on sales (ROS) (%) -7.12 2.49 2.37 4.06 4.90
Return on asset (ROA) (%) -13.24 5.12 4.85 6.14 8.01
Return on equity (ROE) (%) -143.15 4.40 0.50 21.87 26.40
Debt/equity ratio 1.29 0.15 0.20 0.89 0.37
Banks/turnover (%) 5.46 1.11 1.70 10.01 4.13
Debt/EBITDA ratio -2.06 0.18 0.25 1.44 0.59
Total assets turnover (times) 1.82 2.03 1.95 1.44 1.55

Number of employees 1,640 1,414 1,322 733 525

Balance sheet

Unconsolidated 31/12/2016 31/12/2015 31/12/2014 31/12/2013 31/12/2012 31

EUR EUR EUR EUR EUR
12 months 12 months 12 months 12 months 12 months
Detailed Detailed Detailed Detailed Detailed
ICS ICS ICS ICS ICS

Assets
A. TOTAL receivables due from shareholders 0 0 0 0 0
Called share capital 0 0 0 0 0

B. TOTAL FIXED ASSETS 51,462,671 43,621,740 45,292,951 36,173,020 31,495,218 2

B.I. TOTAL INTANGIBLE FIXED ASSETS 9,910,695 8,761,339 8,138,416 5,068,114 2,615,530
B.I.1. Start-up and expansion costs 2,115 3,657 5,198 12,903 23,004
 B.I.2. Research and dev. exp. 322,789 151,824 0 0 0
B.I.3. Ind. patents and intellect. property rights 955,866 610,511 0 0 0
B.I.4. Concessions, licenses, trademarks and 655,017 703,277 884,220 856,451 822,169
similar rights
B.I.5. Goodwill 0 0 0 0 0
B.I.6. Additions in progress and advances 106,339 47,305 56,000 0 0
B.I.7. Others 7,868,569 7,244,765 7,192,998 4,198,760 1,770,357
(Amortization provision) n.a. n.a. n.a. n.a. n.a.

B.II. TOTAL TANGIBLE FIXED ASSETS 30,369,517 30,788,987 32,726,843 29,405,063 14,487,760 1
B.II.1. Land and buildings 5,367,205 5,805,878 6,325,154 6,990,623 7,683,288
B.II.2. Plant and machinery 9,845,314 10,757,283 11,311,711 8,269,433 1,653,126
B.II.3. Indust. and commercial equipment 6,919,343 8,109,203 8,457,525 7,106,241 3,241,292
B.II.4. Other assets 6,309,189 6,112,785 6,516,854 5,159,732 1,845,004
B.II.5. Additions in progress and advances 1,928,466 3,838 115,599 1,879,034 65,050
(Depreciation provision) n.a. n.a. n.a. n.a. n.a.

B.III. TOTAL FINANCIAL FIXED ASSETS 11,182,459 4,071,414 4,427,692 1,699,843 14,391,928
B.III.1. Total equity investments 5,560,130 1,320,936 422,492 1,232,399 1,251,767
B.III.1.a. Subsidiary companies 5,486,615 1,247,421 422,421 1,232,328 1,251,696
B.III.1.b. Associated companies 0 0 0 0 0
B.III.1.c. Parent companies 0 0 0 0 0
B.III.1.d. Companies under parent companies 0 n.a. n.a. n.a. n.a.
control
B.III.1.d.bis. Other companies 73,515 73,515 71 71 71
B.III.2. Total Receivables 5,622,329 2,750,478 4,005,200 467,444 13,140,161
B.III.2.a. Due from subsidiary comp. 5,473,710 2,750,478 4,005,200 0 0
B.III.2.a. Due from subs. comp. - beyond 12 0 0 0 467,444 13,087,444
months
B.III.2.b. Due from assoc. comp. 0 0 0 0 0
B.III.2.b. Due from assoc. comp. - beyond 12 0 0 0 0 0
months
B.III.2.c. Due from parent comp. 0 0 0 0 0
B.III.2.c. Due from parent comp. - beyond 12 0 0 0 0 52,717
months
B.III.2.d. Due from comp. under parent 0 n.a. n.a. n.a. n.a.
companies control
B.III.2.d. Due from comp. under parent 0 n.a. n.a. n.a. n.a.
companies control - beyond 12 months
B.III.2.d.bis. Due from other comp. 148,619 0 0 0 0
B.III.2.d.bis Due from other comp. - beyond 12 0 0 0 0 0
months
B.III. FINANCIAL RECEIV. WITHIN 12 MONTHS 5,622,329 2,750,478 4,005,200 0 0
B.III. FINANCIAL RECEIV. BEYOND 12 MONTHS 0 0 0 467,444 13,140,161
B.III.3. Other securities 0 0 0 0 0
B.III.3.bis. Own shares 0 0 0 0 0
B.III.4. Derivatives 0 n.a. n.a. n.a. n.a.
Own shares: par value 0 0 0 0 0

C. TOTAL CURRENT ASSETS 46,110,333 60,612,450 42,320,435 54,405,720 33,379,639 2

C.I. TOTAL INVENTORIES 15,812,043 13,821,506 11,057,557 6,579,190 4,348,007
C.I.1. Raw and consumable materials 0 n.a. 0 0 0
C.I.2. Work in progress and semifinished products 0 n.a. 0 0 0

C.I.3. Contract work in progress 0 n.a. 0 0 0

C.I.4. Finished products and goods 15,812,043 n.a. 11,057,557 6,579,190 4,348,007
C.I.5. Advances 0 n.a. 0 0 0
Tangible fixed assets to be sold 550,483 n.a. n.a. n.a. n.a.
 C.II. TOTAL RECEIVABLES 25,013,782 28,860,729 20,123,299 20,357,089 13,885,096
C.II.1. Trade accounts 9,543,147 13,031,168 7,691,806 15,330,733 12,834,475
C.II.1. Trade accounts - beyond 12 months 0 0 0 0 0
C.II.2. Due from subs. comp. 7,362,390 10,212,884 386,024 0 0
C.II.2. Due from subs. comp. - beyond 12 months 0 0 0 0 0

C.II.3. Due from assoc. comp. 0 9,074 8,178,985 0 0

C.II.3. Due from assoc. comp. - beyond 12 months 0 0 0 0 0

C.II.4. Due from parent comp. 2,452,050 50,081 529,669 1,259,071 0

C.II.4. Due from parent comp. - beyond 12 0 0 0 0 0
months
C.II.5. Due from comp. under parent companies 2,415,750 n.a. n.a. n.a. n.a.
control
C.II.5. Due from comp. under parent companies 0 n.a. n.a. n.a. n.a.
control - beyond 12 months
C.II.5.bis. Tax receivables 1,324,166 2,340,649 1,157,817 2,708,918 554,869
C.II.5.bis. Tax receiv. - beyond 12 months 114,609 114,609 373,051 373,051 373,051
C.II.5.ter. Tax receiv. for prepaid taxes 265,919 1,972,451 745,901 0 0
C.II.5.ter. Tax receiv. for prepaid taxes - beyond 0 0 0 0 0
12 months
C.II.5.quater. Receiv. due from others 1,535,751 1,129,813 838,723 526,855 13,452
C.II.5.quater. Receiv. due from others - beyond 12 0 0 221,323 158,461 109,249
months
C.II. RECEIV. DUE WITHIN 12 MONTHS 24,899,173 28,746,120 19,528,925 19,825,577 13,402,796
C.II. RECEIV. DUE BEYOND 12 MONTHS 114,609 114,609 594,374 531,512 482,300

C.III. TOTAL FINANCIAL ASSETS 0 0 0 0 0

C.III.1. Invest. in subs. comp. 0 0 0 0 0
C.III.2. Invest. in assoc. comp. 0 0 0 0 0
C.III.3. Invest. in parent comp. 0 0 0 0 0
C.III.3.bis. Invest. in comp. under parent 0 n.a. n.a. n.a. n.a.
companies control
C.III.4. Other investments 0 0 0 0 0
C.III.4.bis. Own shares 0 0 0 0 0
Own shares: par value 0 0 0 0 0
C.III.5. Derivatives 0 n.a. n.a. n.a. n.a.
C.III.6. Other securities 0 0 0 0 0
C.III.7. Financial instruments for cash pooling 0 n.a. n.a. n.a. n.a.

C.IV. TOTAL LIQUID FUNDS 4,734,025 17,930,215 11,139,579 27,469,441 15,146,536 1

C.IV.1. Bank and postal deposits 4,246,674 17,342,960 9,191,554 25,719,679 13,632,249 1
C.IV.2. Checks 0 0 0 0 0
C.IV.3. Cash and cash equivalents 487,351 587,255 1,948,025 1,749,762 1,514,287

D. TOTAL ACCRUED INCOME AND PREPAID 671,887 243,391 51,948 69,627 37,363
EXPENSES
Accrued income and prepaid exp. n.a. 0 0 0 0

TOTAL ASSETS 98,244,891 104,477,581 87,665,334 90,648,367 64,912,220 4

Liabilities

Shareholders' funds

A. TOTAL SHAREHOLDERS' FUNDS 7,736,690 16,197,750 15,484,461 15,407,808 11,941,635

A.I. Capital stock 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000
A.II. Share premium reserve 0 0 0 0 0
A.III. Revaluation reserves 0 0 0 0 0
 A.IV. Legal reserve 575,280 575,280 571,280 402,280 244,280
A.V. Statutory reserves 0 0 0 0 0
Reserve for treasury stock 0 0 0 0 0
A.VI. Other reserves 2,710,751 96,425 96,430 96,429 1
GROUP consolidation reserve n.a. n.a. n.a. n.a. n.a.
A.VII. Reserve for expected cash flow hedge 0 n.a. n.a. n.a. n.a.
A.VIII. Retained earnings (losses) 11,526,045 10,812,752 10,740,099 7,539,354 4,544,772
A.IX. Profit (loss) for the year -11,075,386 713,293 76,652 3,369,745 3,152,582
A.X. Negative reserves for own shares (+/-) 0 n.a. n.a. n.a. n.a.
Group capital stock and reserves n.a. n.a. n.a. n.a. n.a.
Minority interests in cap. and reserves n.a. n.a. n.a. n.a. n.a.
Minority interests in profit (loss) for the year n.a. n.a. n.a. n.a. n.a.
MINORITY INTERESTS SHAREHOLDERS' FUNDS n.a. n.a. n.a. n.a. n.a.

B. TOTAL PROVISIONS FOR RISKS AND CHARGES 1,053,404 3,158,799 708,321 8,321 5,250
B.1. Employee pensions and similar obligations 0 0 0 0 0
B.2. Taxation (including deferred taxation) 860,230 408,321 8,321 8,321 5,250
B.3. Derivative liabilities 0 n.a. n.a. n.a. n.a.
B.4. Other provisions 193,174 2,750,478 700,000 0 0
of which: consolidation provision n.a. n.a. n.a. n.a. n.a.

C. SEVERANCE INDEMNITY RESERVE 6,366,736 4,868,057 3,385,072 2,324,966 1,620,180

Payables

D. TOTAL PAYABLES 77,808,265 74,151,842 63,758,521 66,122,973 46,755,880 3

D.1. Bonds 0 0 0 0 0
D.1. Bonds beyond 12 months 0 0 0 0 0
D.2. Convertible bonds 0 0 0 0 0
D.2. Convertible bonds - beyond 12 months 0 0 0 0 0
D.3. Due to shareholders for loans 6,435,400 0 0 0 0
D.3. Due to shareholders for loans - beyond 12 0 6,515,578 6,455,605 6,383,156 6,239,631
months
D.4. Due to banks 8,397,658 390,507 704,308 10,683,014 662,353
D.4. Due to banks - beyond 12 months 1,583,839 1,980,897 2,337,291 3,041,599 3,724,614
D.5. Due to other lenders 0 0 0 0 0
D.5. Due to other lenders - beyond 12 months 0 0 0 0 0
D.6. Advances 52,151 47,822 0 0 0
D.6. Advances - beyond 12 months 0 0 0 0 0
D.7. Due to suppliers 40,581,821 46,966,425 36,308,821 40,865,422 30,875,430 2
D.7. Due to suppliers - beyond 12 months 0 0 0 0 0
D.8. Negotiable instruments 0 0 0 0 0
D.8. Negotiable instruments - beyond 12 months 0 0 0 0 0
D.9. Due to subsidiary companies 305,419 1,592,846 0 0 0
D.9. Due to subsidiary companies - beyond 12 0 0 0 0 0
months
D.10. Due to associated companies 0 0 3,986,300 0 0
D.10. Due to associated companies -beyond 12 0 0 0 0 0
months
D.11. Due to parent companies 128,131 1,687,095 336,629 0 715,479
D.11. Due to parent companies beyond 12 months 0 0 0 0 0

D.11.bis. Due to comp. under parent companies 3,400,000 n.a. n.a. n.a. n.a.
control
D.11.bis. Due to comp. under parent companies 0 n.a. n.a. n.a. n.a.
control - beyond 12 month
D.12. Tax payable 2,145,976 2,777,752 4,038,156 2,706,793 2,769,880
D.12. Tax payable beyond 12 months 0 0 0 0 0
D.13. Due to social security institutions 4,042,285 2,810,817 2,576,949 806,699 529,154
 D.13. Due to social security institutions - beyond 0 0 0 0 0
12 months
D.14. Other payables 10,735,585 9,382,103 7,014,462 1,636,290 1,239,339
D.14. Other payables beyond 12 months 0 0 0 0 0
D. Payables due within 12 months 76,224,426 65,655,367 54,965,625 56,698,218 36,791,635 2
D. Payables due beyond 12 months 1,583,839 8,496,475 8,792,896 9,424,755 9,964,245

Total payables during period 76,224,426 65,655,367 54,965,625 56,698,218 36,791,635 2

Total payables after period 1,583,839 8,496,475 8,792,896 9,424,755 9,964,245

E. TOTAL ACCRUED EXPENSES AND DEFERRED 5,279,796 6,101,133 4,328,959 6,784,299 4,589,275
INCOME
Fees on loans n.a. 0 0 0 0

TOTAL LIABILITIES AND SHAREHOLDERS' FUNDS 98,244,891 104,477,581 87,665,334 90,648,367 64,912,220 4

TOTAL MEMORANDUM ACCOUNTS 0 3,631,664 3,096,611 4,646,821 11,462,383 1

TOTAL WARRANTIES SUPPLIED 0 n.a. n.a. n.a. n.a.

Profit and loss account

Unconsolidated 31/12/2016 31/12/2015 31/12/2014 31/12/2013 31/12/2012 31

EUR EUR EUR EUR EUR
12 months 12 months 12 months 12 months 12 months
Detailed Detailed Detailed Detailed Detailed
ICS ICS ICS ICS ICS

A. TOTAL VALUE OF PRODUCTION 182,891,506 214,383,073 179,363,139 137,075,495 106,144,767 6

A.1. Revenues from sales and services 178,805,548 211,841,408 171,242,201 130,132,395 100,403,499 6
A.2. Changes in inventories 0 0 0 0 0
A.3. Changes in contract work in progress 0 0 0 0 0
A.2. + A.3. Total changes 0 0 0 0 0
A.4. Additions to fixed assets 234,104 0 0 0 0
A.5. Other revenue 3,851,854 2,541,665 8,120,938 6,943,100 5,741,268
operating grants 46,065 32,160 41,892 107,461 0

B. TOTAL PRODUCTION COSTS 195,894,664 209,036,731 175,113,704 131,509,380 100,946,091 6

B.6. Raw, consum. mat. and goods for resale 106,872,698 124,128,148 101,406,816 79,107,295 59,772,941 3
B.7. Services 19,206,488 17,847,314 16,910,784 12,650,376 10,231,879
B.8. Use of third parties assets 9,894,628 10,987,683 8,747,015 5,704,473 4,158,573
B.9. Total personnel costs 51,368,506 48,306,337 42,004,701 31,040,138 24,327,582 1
B.9.a. Wages and salaries 38,736,162 37,521,276 33,880,854 25,589,288 21,103,459 1
B.9.b. Social security charges 10,009,457 8,665,784 6,761,173 4,529,389 2,629,434
B.9.c. Severance indemnities 2,313,795 2,119,277 1,362,674 921,461 594,689
B.9.d. Pensions and similar obligations 0 0 0 0 0
B.9.e. Other costs 309,092 0 0 0 0
B.9.f. Severance indemnity + Pension + Other 2,622,887 2,119,277 1,362,674 921,461 594,689
costs
B.10. Total depreciation, amortization and 8,154,580 7,517,208 8,083,159 3,935,704 2,260,201
writedowns
B.10.a. Amort. of intangible fixed assets 1,348,256 995,402 771,337 428,089 278,714
B.10.b. Depr. of tangible fixed assets 4,807,842 4,891,249 4,302,775 3,429,726 1,916,346
B.10.c. Writedown of fixed assets 1 1,500,000 0 0 0
B.10.a+b+c. Depreciation, amortization and 6,156,099 7,386,651 5,074,112 3,857,815 2,195,060
writedowns of fixed assets
 B.10.d. Writedown of receivables 1,998,481 130,557 3,009,047 77,889 65,141
B.11. Change in inventory of raw and consumable -1,990,537 -2,765,973 -4,478,368 -2,231,183 -725,854
materials
B.12. Provisions fo risks and charges 193,174 0 0 0 0
B.13. Other provisions 0 400,000 700,000 0 0
B.14. Other operating expenses 2,195,127 2,616,014 1,739,597 1,302,577 920,769

OPERATING MARGIN -13,003,158 5,346,342 4,249,435 5,566,115 5,198,676

Added Value 46,713,102 61,569,887 55,037,295 40,541,957 31,786,459 1

C. TOTAL FINANCIAL INCOME AND CHARGES -155,654 -165,392 -186,414 -8,954 -93,409
of which: from subsidiaries, associated, parent cies n.a. n.a. n.a. n.a. n.a.
and cies under parent cies control
C.15. Total income from equity investments 0 0 0 0 0
of which: from parent companies 0 n.a. n.a. n.a. n.a.
of which: from companies under parent companies 0 n.a. n.a. n.a. n.a.
control
C.16. Total other financial income 59,795 114,159 45,439 173,561 89,684
C.16.a. From financial receivables 45,593 87,581 0 5,222 8,056
of which: from subsidiaries, associated, parent n.a. n.a. n.a. n.a. n.a.
cies and cies under parent cies control
of which: from companies under parent 0 n.a. n.a. n.a. n.a.
companies control
C.16.b. From securities held as fixed assets 0 16,107 0 0 0
C.16.c. From securities held as current assets 0 0 0 0 0
C.16.b+c. From securities 0 16,107 0 0 0
C.16.d. Income other than the above 14,202 10,471 45,439 168,339 81,628
of which: from subsidiaries, associated, parent n.a. n.a. n.a. n.a. n.a.
cies and cies under parent cies control
of which: from companies under parent 0 n.a. n.a. n.a. n.a.
companies control
C.17. Total financial charges 219,523 278,958 231,715 174,329 183,093
of which: from financial receivables subs and n.a. n.a. n.a. n.a. n.a.
assoc.
of which: from companies under parent companies 0 n.a. n.a. n.a. n.a.
control
C.17.bis Profit and Loss on Foreign Exchange 4,074 -593 -138 -8,186 0

D. TOTAL FINANCIAL ASSETS ADJUSTMENTS -149,999 0 -1,118,153 0 0

D.18. Total Revaluations 0 0 0 0 0
D.18.a. Reval. of equity investments 0 0 0 0 0
D.18.b. Reval. of other financial assets 0 0 0 0 0
D.18.c. Reval. of securities 0 0 0 0 0
D.18.d. Reval. of derivatives 0 n.a. n.a. n.a. n.a.
Reval. of financial instruments for cash pooling 0 n.a. n.a. n.a. n.a.
D.19. Total Writedowns 149,999 0 1,118,153 0 0
D.19.a. Writedowns of equity invest. 149,999 0 1,118,153 0 0
D.19.b. Writedowns of other fin. Ass. 0 0 0 0 0
D.19.c. Writedowns of securities 0 0 0 0 0
D.19.d. Writedowns of derivatives 0 n.a. n.a. n.a. n.a.
Writedowns of financial instruments for cash 0 n.a. n.a. n.a. n.a.
pooling

TOTAL EXTRAORDINARY REVENUES AND CHARGES 0 -2,764,421 -538,418 -133,649 400,507

Extraordinary revenues 0 479,747 308,807 348,395 555,445

Capital gains 0 0 0 0 0
Extraordinary charges 0 3,244,168 847,225 482,044 154,938
Capital losses 0 24,613 13,671 0 0
 Taxes previous period 0 0 0 0 0

PROFIT/LOSS BEFORE TAXATION -13,308,811 2,416,529 2,406,450 5,423,512 5,505,774

20. Total current, deferred and prepaid income -2,233,425 1,703,236 2,329,798 2,053,767 2,353,192
taxes
Current taxes 0 2,929,786 3,075,699 2,050,696 2,366,445
Taxation related to previous years 95,043 n.a. n.a. n.a. n.a.
Prepaid and deferred taxes 1,706,532 -1,226,550 -745,901 3,071 -13,253

21. PROFIT (LOSS) -11,075,386 713,293 76,652 3,369,745 3,152,582

PROFIT (LOSS) THIRD PARTIES n.a. n.a. n.a. n.a. n.a.
PROFIT (LOSS) GROUP -11,075,386 713,293 76,652 3,369,745 3,152,582

Employees 1,640 1,414 1,322 733 525

Ratios

Unconsolidated 31/12/2016 31/12/2015 31/12/2014 31/12/2013 31/12/2012 31

EUR EUR EUR EUR EUR
12 months 12 months 12 months 12 months 12 months
Detailed Detailed Detailed Detailed Detailed
ICS ICS ICS ICS ICS

1. Financial indicators

- Liquidity ratio 0.40 0.71 0.57 0.84 0.79

- Current ratio 0.60 0.92 0.77 0.96 0.91
- Current liabilities/Tot ass. 0.98 0.89 0.86 0.86 0.79
- Long/med term liab/Tot ass. 0.02 0.11 0.14 0.14 0.21
- Tang. fixed ass./Share funds 3.93 1.90 2.11 1.91 1.21
- Depr./Tang. fixed assets n.a. n.a. n.a. n.a. n.a.
- Leverage 12.70 6.45 5.66 5.88 5.44
- Coverage of fixed assets 0.18 0.57 0.54 0.69 0.70
- Banks/Turnover 5.46 1.11 1.70 10.01 4.13
- Cost of debit 2.20 11.76 7.62 1.27 4.17
- Interest/Operating profit n.s. 46.11 53.22 54.51 40.74
- Interest/Turnover 0.12 0.13 0.13 0.13 0.17
- Solvency ratio 7.87 15.50 17.66 17.00 18.40
- Share funds/Liabilities 0.10 0.22 0.24 0.23 0.26
- Net Financial Position 5,247,472 -15,558,811 -8,097,980 -13,744,828 -10,759,569 -
- Debt/Equity ratio 1.29 0.15 0.20 0.89 0.37
- Debt/EBITDA ratio -2.06 0.18 0.25 1.44 0.59

2. Management ratios

- Total assets turnover (times) 1.82 2.03 1.95 1.44 1.55

- Working cap. turnover (times) 3.88 3.50 4.05 2.39 3.01
- Incidenza circolante operativo -8.34 -9.38 -9.79 -13.83 -12.90
- Stocks/Turnover (days) 31.60 n.a. 22.50 17.52 14.95
- Stocks/Cost goods sold (days) 55.03 n.a. 41.64 31.24 26.88
- Durata media dei crediti al lordo IVA (days) 19.07 22.19 15.65 40.82 44.13
- Durata media dei debiti al lordo IVA (days) 108.94 112.07 104.30 153.04 151.96
- Durata Ciclo Commerciale (days) -34.84 n.a. -47.01 -80.98 -80.94

3. Profitability ratios
 - EBITDA -4,848,578 12,863,550 12,332,594 9,501,819 7,458,877
- EBITDA/Vendite -2.65 6.00 6.88 6.93 7.03
- Return on asset (ROA) -13.24 5.12 4.85 6.14 8.01
- Return on investment (ROI) n.s. 21.31 17.01 15.67 23.04
- Return on sales (ROS) -7.12 2.49 2.37 4.06 4.90
- Return on equity (ROE) -143.15 4.40 0.50 21.87 26.40
- Net P&L / Operating P&L n.s. 13.34 1.80 60.54 60.64

4. Productivity ratios

- Number of employees 1,640 1,414 1,322 733 525

- Turnover per employee 111,380 151,610 135,680 187,010 202,180
- Added value per employee 28,480 43,540 41,630 55,310 60,550
- Staff Costs per employee 31,320 34,160 31,770 42,350 46,340
- Turnover/Staff Costs 3.56 4.44 4.27 4.42 4.36

5. Significant data

- Net working capital -30,114,093 -5,042,917 -12,645,190 -2,292,498 -3,411,996

- Gross profit 74,157,491 90,479,233 74,313,753 53,256,283 41,356,412 2
- Net short term assets -60,411,503 -33,564,171 -35,295,517 -13,371,189 -8,797,172 -
- Share funds - Fixed assets -43,725,981 -27,423,990 -29,808,490 -20,765,212 -19,553,583 -1
- Cash Flow -2,920,806 8,230,501 8,159,811 7,305,449 5,412,783

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DFKA rating

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Controlling shareholders

BvD Independence Indicator: D

Current definition of the UO: path of min 50,01% of control, known or unknown shareholders
The companies underlined and displayed in bold blue are available onAIDA

Ownership Source Company informa

Op.
Direct Total Source Date of No
Shareholder name Country Type Revenue
(%) (%) ident. info. empl
(m EUR)*
EATINVEST S.P.A. (Domestic and Global UO) IT C 57,93 n.a. HO 06/2016 7
EATALY S.R.L. IT C 100,00 100,00 HO 06/2016 4
EATALY DISTRIBUZIONE S.R.L. IT C 183

* = For an insurance company the corresponding value is the Gross Premium Written and for a bank it is the
Operating Income (memo)

Current subsidiaries
Current filter:No filter

The companies underlined and displayed in bold blue are available onAIDA
The companies underlined and displayed in bold grey are available on otherBvD Databases.
Ownership Source

Direct Total Level Source Date of Vari-

Subsidiary name Country Status
(%) (%) of own. ident. info. ation

1. EATALY AMERICA INC US 100,00 100,00 1 - HO 12/2015 ð

2. EATALY DANMARK A/S DK >67,00 n.a. 1 - IP 07/2017 ð
3. EATALY DEUTCHE DE 55,00 n.a. 1 - HO 12/2015 -
4. EATALY DISTRIBUTION DE GMBH DE 55,00 n.a. 1 - IP 07/2017 ð
5. EATALY ROMAGNA S.R.L. IT 50,00 n.a. 1 - HO 02/2016 ð

* = For an insurance company the corresponding value is the Gross Premium Written and for a bank it is the
Operating Income (memo)

Mergers & acquisitions deals

No mergers & acquisitions deals are available for this company.

31/12/2011 31/12/2010 31/12/2009 31/12/2008 31/12/2007
EUR EUR EUR EUR EUR
12 months 12 months 12 months 12 months 12 months
Detailed Detailed Detailed Detailed Detailed
ICS ICS ICS ICS ICS

60,570,556 49,898,213 41,894,934 34,868,763 26,695,121

4,563,642 4,101,553 3,301,114 3,706,960 4,184,730
831,590 712,752 684,570 1,046,788 1,547,788
45,189,790 40,675,674 30,827,446 27,975,106 23,232,651
8,789,052 7,957,461 7,244,709 6,560,140 5,513,350
-8,805,020 -9,294,068 -5,900,594 -4,301,079 -2,396,206

7.16 7.77 7.59 10.27 14.96

3.50 3.77 3.34 5.48 10.11
4.94 4.90 4.71 7.07 12.17
9.46 8.96 9.45 15.96 28.07
0.34 0.19 0.00 0.00 0.03
4.62 2.84 0.00 0.00 0.61
0.65 0.37 0.00 0.00 0.04
1.34 1.23 1.36 1.25 1.15

346 275 245 235 131

31/12/2011 31/12/2010 31/12/2009 31/12/2008 31/12/2007

EUR EUR EUR EUR EUR
12 months 12 months 12 months 12 months 12 months
Detailed Detailed Detailed Detailed Detailed
ICS ICS ICS ICS ICS

0 0 0 0 0
0 n.a. n.a. n.a. n.a.

20,359,250 18,278,287 17,594,279 17,240,169 17,233,829

2,707,869 1,953,279 1,905,729 2,005,945 2,304,768
37,924 82,911 74,166 107,349 132,731
 0 207,137 414,274 621,412 828,549
0 12 1,205 4,748 4,697
858,671 919,847 983,910 1,052,540 1,053,467

0 0 0 0 0
0 0 0 0 0
1,811,274 743,372 432,174 219,896 285,324
n.a. n.a. n.a. n.a. n.a.

15,909,667 14,270,579 13,921,852 13,993,747 14,929,061

8,380,319 9,043,524 9,702,386 10,254,829 10,903,262
1,625,374 611,139 310,014 144,652 149,337
3,620,501 2,962,006 2,751,912 2,714,724 2,960,129
1,932,855 1,485,710 1,157,040 879,542 916,333
350,618 168,200 500 0 0
n.a. n.a. n.a. n.a. n.a.

1,741,714 2,054,429 1,766,698 1,240,477 0

1,039,199 705,753 610,451 554,841 0
1,039,128 705,682 610,380 554,770 0
0 0 0 0 0
0 0 0 0 0
n.a. n.a. n.a. n.a. n.a.

71 71 71 71 0
702,515 1,348,676 1,156,247 685,636 0
702,515 0 0 685,636 0
0 1,348,676 1,156,247 0 0

0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0

n.a. n.a. n.a. n.a. n.a.

n.a. n.a. n.a. n.a. n.a.

0 0 0 0 0
0 0 0 0 0

702,515 0 0 685,636 0
0 1,348,676 1,156,247 0 0
0 0 0 0 0
0 0 0 0 0
n.a. n.a. n.a. n.a. n.a.
0 n.a. n.a. n.a. n.a.

24,804,248 22,296,697 13,219,120 10,730,244 5,995,949

3,622,153 3,412,732 2,268,843 1,968,297 1,748,353
0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
3,622,153 3,412,732 2,268,843 1,968,297 1,748,353
0 0 0 0 0
n.a. n.a. n.a. n.a. n.a.
 9,431,974 8,089,855 5,049,683 4,460,868 1,681,460
8,047,971 6,762,517 4,024,577 3,120,408 1,629,384
0 0 0 0 0
264,534 264,534 0 182,068 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0

n.a. n.a. n.a. n.a. n.a.

n.a. n.a. n.a. n.a. n.a.

961,078 833,182 9,831 1,040,655 2,167

0 0 900,000 0 0
0 2,846 18,249 2,773 2,593
0 0 0 0 0

128,726 205,803 14,966 114,964 21,897

29,665 20,973 82,060 0 25,419

9,402,309 8,068,882 4,067,623 4,460,868 1,656,041

29,665 20,973 982,060 0 25,419

0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
n.a. n.a. n.a. n.a. n.a.

0 0 0 0 0
0 0 0 0 0
0 n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a.
0 0 0 0 0
n.a. n.a. n.a. n.a. n.a.

11,750,121 10,794,110 5,900,594 4,301,079 2,566,136

10,856,355 9,913,210 5,076,275 3,634,535 2,158,613
763,799 875,941 0 666,531 405,879
129,967 4,959 824,319 13 1,644

26,292 100,690 14,047 4,693 2,873

0 0 0 0 0

45,189,790 40,675,674 30,827,446 27,975,106 23,232,651

8,789,052 7,957,461 7,244,709 6,560,140 5,513,350

4,000,000 4,000,000 4,000,000 4,000,000 4,000,000
0 0 0 0 0
0 0 0 0 0
 202,700 164,700 130,400 77,400 0
0 0 0 0 0
0 0 0 0 0
0 -1 -1 0 -2
n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a.
3,754,762 3,080,010 2,429,740 1,435,952 -34,436
831,590 712,752 684,570 1,046,788 1,547,788
n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a.

18,503 0 0 0 206,000
0 0 0 0 0
18,503 0 0 0 206,000
n.a. n.a. n.a. n.a. n.a.
0 0 0 0 0
n.a. n.a. n.a. n.a. n.a.

1,110,153 885,912 571,204 356,572 166,630

32,694,751 29,146,837 21,776,749 19,622,721 15,918,534

0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 6,000,000 6,000,000 6,000,000
6,210,682 6,094,740 0 0 0

488,029 280,024 0 0 169,930

2,457,072 1,220,018 0 0 0
0 0 0 0 0
0 0 0 0 0
0 70,000 9,310 0 0
0 0 0 0 0
21,046,418 19,318,489 13,355,828 9,987,237 8,013,631
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 700,000 1,585,540 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0

0 0 0 0 0
0 0 0 0 0

n.a. n.a. n.a. n.a. n.a.

n.a. n.a. n.a. n.a. n.a.

1,595,546 1,227,445 1,027,512 1,513,432 1,239,449

0 0 0 0 0
355,805 379,141 274,401 233,571 194,249
 0 0 0 0 0

541,199 556,980 409,698 302,941 301,275

0 0 0 0 0
24,026,997 21,832,079 21,776,749 19,622,721 15,918,534
8,667,754 7,314,758 0 0 0

24,026,997 21,832,079 21,776,749 19,622,721 15,918,534

8,667,754 7,314,758 0 0 0

2,577,331 2,685,464 1,234,784 1,435,673 1,428,137

0 n.a. n.a. n.a. 0

45,189,790 40,675,674 30,827,446 27,975,106 23,232,651

17,345,149 16,094,500 14,319,910 278,773 278,773

n.a. n.a. 14,291,910 n.a. n.a.

31/12/2011 31/12/2010 31/12/2009 31/12/2008 31/12/2007

EUR EUR EUR EUR EUR
12 months 12 months 12 months 12 months 12 months
Detailed Detailed Detailed Detailed Detailed
ICS ICS ICS ICS ICS

63,751,668 52,764,423 43,502,096 36,086,805 27,970,682

60,570,556 49,898,213 41,894,934 34,868,763 26,695,121
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
3,181,112 2,866,210 1,607,162 1,218,042 1,275,561
1,833,624 1,766,128 643,128 371,817 n.a.

61,520,688 50,773,217 42,050,439 34,108,353 25,143,718

34,370,507 29,155,454 24,365,720 19,487,393 15,805,217
9,087,419 8,238,734 6,017,749 5,323,750 3,526,351
1,697,847 1,173,836 847,660 363,957 144,355
13,864,078 10,936,948 8,991,424 7,041,513 5,116,353
11,413,142 8,599,209 6,946,940 5,309,981 3,797,190
2,026,963 2,076,564 1,721,999 1,462,789 1,115,135
423,973 261,175 318,401 268,743 161,169
0 0 0 0 0
0 0 4,084 0 42,859
423,973 261,175 322,485 268,743 204,028

2,332,662 2,110,347 1,849,457 1,728,508 1,357,766

575,258 492,262 440,787 406,014 387,483

1,720,027 1,553,588 1,388,344 1,306,778 962,059
0 0 0 0 0
2,295,285 2,045,850 1,829,131 1,712,792 1,349,542
 37,377 64,497 20,326 15,716 8,224
-209,421 -1,143,889 -300,546 -219,944 -990,340

0 0 0 0 0
0 0 0 0 0
377,596 301,787 278,975 383,176 184,016

2,230,980 1,991,206 1,451,657 1,978,452 2,826,964

18,427,720 15,038,501 12,292,538 10,748,473 9,301,083

-36,342 -80,922 53,110 28,003 -30,827

n.a. n.a. n.a. n.a. n.a.

0 0 0 0 0
n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a.

233,923 17,509 15,864 37,942 7,969

16,879 0 0 0 0
n.a. n.a. n.a. n.a. n.a.

n.a. n.a. n.a. n.a. n.a.

0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
217,044 17,509 15,864 37,942 7,969
n.a. n.a. n.a. n.a. n.a.

n.a. n.a. n.a. n.a. n.a.

268,906 101,656 4,095 7,003 38,796

n.a. n.a. n.a. n.a. n.a.

n.a. n.a. n.a. n.a. n.a.

-1,359 3,225 41,341 -2,936 0

0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a.
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a.

-230,458 -267,677 -69,900 -26,710 -15,026

223 7,198 3,931 11,755 0

0 n.a. n.a. n.a. 0
230,681 274,875 73,831 38,465 15,026
0 n.a. n.a. n.a. n.a.
 0 n.a. n.a. n.a. n.a.

1,964,180 1,642,607 1,434,867 1,979,745 2,781,111

1,132,590 929,855 750,297 932,957 1,233,324

1,111,241 914,452 765,773 1,059,233 1,029,917

n.a. n.a. n.a. n.a. n.a.
21,349 15,403 -15,476 -126,276 203,407

831,590 712,752 684,570 1,046,788 1,547,788

n.a. n.a. n.a. n.a. n.a.
831,590 712,752 684,570 1,046,788 1,547,788

346 275 245 235 131

31/12/2011 31/12/2010 31/12/2009 31/12/2008 31/12/2007

EUR EUR EUR EUR EUR
12 months 12 months 12 months 12 months 12 months
Detailed Detailed Detailed Detailed Detailed
ICS ICS ICS ICS ICS

0.88 0.86 0.50 0.45 0.27

1.03 1.02 0.61 0.55 0.38
0.73 0.75 1.00 1.00 1.00
0.27 0.25 0.00 0.00 0.00
1.81 1.79 1.92 2.13 2.71
n.a. n.a. n.a. n.a. n.a.
5.14 5.11 4.26 4.26 4.21
0.86 0.84 0.41 0.38 0.32
4.62 2.84 0.00 0.00 0.61
9.13 6.78 n.a. n.a. n.s.
16.97 40.35 n.s. n.s. 107.86
0.42 0.19 0.01 0.02 0.14
19.45 19.56 23.50 23.45 23.73
0.27 0.27 0.33 0.33 0.35
-8,805,020 -9,294,068 -5,900,594 -4,301,079 -2,396,206
0.34 0.19 0.00 0.00 0.03
0.65 0.37 0.00 0.00 0.04

1.34 1.23 1.36 1.25 1.15

2.44 2.24 3.17 3.25 4.45
-14.71 -17.33 -16.23 -13.57 -16.57
20.74 23.61 19.04 19.91 22.81
38.70 44.47 34.41 37.29 43.07
46.08 46.78 33.77 31.56 21.26
170.12 182.83 156.09 144.80 150.18
-85.34 -91.58 -87.91 -75.95 -85.85
 4,563,642 4,101,553 3,301,114 3,706,960 4,184,730
7.16 7.77 7.59 10.27 14.96
4.94 4.90 4.71 7.07 12.17
12.43 12.80 10.96 15.75 24.20
3.50 3.77 3.34 5.48 10.11
9.46 8.96 9.45 15.96 28.07
37.27 35.79 47.16 52.91 54.75

346 275 245 235 131

184,250 191,870 177,560 153,560 213,520
53,260 54,690 50,170 45,740 71,000
40,070 39,770 36,700 29,960 39,060
4.60 4.82 4.84 5.12 5.47

777,251 464,618 -8,557,629 -8,892,477 -9,922,585

26,409,470 21,886,648 17,829,760 15,601,314 11,880,244
-4,100,179 -4,069,649 -11,836,612 -12,086,270 -11,701,117
-11,570,198 -10,320,826 -10,349,570 -10,680,029 -11,720,479
3,164,252 2,823,099 2,534,027 2,775,296 2,905,554

mation

No of
ployees

0
3
1,640
 Company information

Op.
ri- No of
Revenue
on employees
(m EUR)*

n.a. n.a.
n.a. 14
n.a. n.a.
n.a. 2
4 51