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CIRCANA: ´DOLCE FOODSERVICE CONSUMPTION IS GROWING IN EUROPE. AND A FURTHER +6% IS EXPECTED IN 2024´

Today, at Italian Exhibition Group´s SIGEP (ongoing at Rimini Expo Centre until 24th January), Circana presented the foodservice consumption figures for Europe´s big five (Italy, France, Spain, Germany, United Kingdom). Jochen Pinsker, Senior Vice-President Foodservice Europe at Circana, specified that consumption in 2023 reached 321 billion euros, up 4% compared to the pre-Covid period. Overall visits decreased compared to 2019 by 10%, although there was a substantial difference between countries, with downturns of 19% in the UK, 11% in Germany, 9% in France, 5% in Italy and 4% in Spain. Inflation and reduced spending power have led consumers to forego items, move towards more affordable purchases and seek out the cheapest promotions. In any case, it is expected that 2024 will see a 6% growth in foodservice to 340 billion euros in the five major countries. Visits will also increase and, although they will not reach pre-Covid levels, an estimated +2% more than in 2023 is forecast. Development drivers include home consumption, digitisation, the social dimension and all things healthy and wellbeing. (N. B. - Attached, photo by Jochen Pinsker, Senior Vice President Foodservice Europe at Circana)

DIFFERENT VISIONS, BIG IDEAS: THE WORLD´S MOST SUCCESSFUL PASTRY CHEFS AWARDED

A great victory for haute patisserie today at SIGEP (ongoing at Rimini Expo Centre until Wednesday, 24th January) at the talk conducted by Iginio Massari, during which the best pastry chefs from different geographical areas were awarded. Receiving the ´Different Visions, Big Ideas´ award were Italian pastry chef Giancarlo Palazzone, French pastry chef Pascal Lac, Spanish pastry chef Jacob Torreblanca and Swiss pastry chef Rolf Murner. Each with their own success story and devotion to their work, with an eye always on the future, the four pastry chefs have managed to make a name for themselves thanks to expressing their professionalism to the best of their ability by interpreting pastry as an artistic passion, which, in all its different nuances, adapts to the tastes of the most gluttonous and beauty-loving.

FOCUS ON SIGEP 2024
Dates: 20-24 January 2024; Organizer: Italian Exhibition Group SpA; In collaboration with: the Ministry of Foreign Affairs and International Cooperation and ITA . Italian Trade Agency; Under the patronage of: the Ministry of Agriculture, Food Sovereignty and Forestry, The Ministry of Enterprise and Made in Italy, Emilia-Romagna Region, Province of Rimini, Romagna Chamber of Commerce, Rimini Council; edition: 45th; frequency: annual; event: international trade show; entry: trade only; Info: www.sigep.it

PRESS CONTACT SIGEP ITALIAN EXHIBITION GROUP
head of media relation & corporate communication: Elisabetta Vitali; press office manager: Marco Forcellini; press office specialist: Mirko Malgieri
international press office coordinator: Silvia Giorgi; media@iegexpo.it

MEDIA AGENCY SIGEP: Mind The Pop
Martina Vacca: martina@mindthepop.it, mob. +39 339 748 4994; Fabrizio Raimondi: fabrizio@mindthepop.it, mob. +39 335 389 848; Benedetto Colli: benedetto@mindthepop.it, mob. 380 371 2272; Stefano Chiossi: stefano@mindthepop.it, mob. + 39 388 739 4358.

This press release contains forecast elements and estimates that reflect the management´s current opinions (´forward-looking statements´), particularly regarding future management performance, realization of investments, cash flow trends and the evolution of the financial structure. For their very nature, forward-looking statements have a component of risk and uncertainty, as they depend on the occurrence of future events. The effective results may differ (even significantly) from those announced, due to numerous factors, including, only by way of example: food service market and tourist flow trends in Italy, gold and jewellery market trends, green economy market trends; the evolution of raw material prices; general macroeconomic conditions; geopolitical factors and evolutions in the legislative framework. Moreover, the information contained in this release does not claim to be complete, and has not been verified by independent third parties. Forecasts, estimates and objectives contained herein are based on the information available to the Company as at the date of this release.