The olive oil industry does not appear to be affected by the decline in consumption or the critical geopolitical context, instead showing signs of growth and confirming the Italian brand’s excellent health, especially abroad.
Further confirmation of these indications comes from the financial statements of two leading olive oil giants, one owned by an Italian family, the other in the hands of a foreign group, both operating under national brands that recently released their 2025 results.
Here is Pietro Coricelli
Peter Coricelli, an oil company present on the markets with the brands Peter Coricelli e Cirio Oil (acquired in 2009), closed the 2025 financial year confirming the solidity of one’s growth pathThe company has registered revenues approaching 400 million euros, in line with the previous year, a performance achieved despite the context characterised by high volatility of raw materials and a general complexity of the macroeconomic scenario.
The result achieved in terms of volumes is particularly significant: In 2025, Coricelli sold 78,7 million liters of oil, up 25,3% compared to 62,8 million liters in 2024., further strengthening its presence on the market.
Chiara Coricelli
The family business, founded in Spoleto in 1939, is led since 2018 by Chiara Coricelli, President and CEO, representing the third generation. Under his guidance Pietro Coricelli has recorded constantly growing results, moving from a turnover of 116 million euros in 2018 to 389 million in 2025 and focusing on internationalization, innovation and sustainability.
Its internationalization confirms itself as one of the most important assets of the company’s business model. In 2025, in fact, the export share exceeded 58% of the total turnover, reaching a value higher than 226 million euro, a marked improvement compared to the 36% recorded in 2024.
In recent years, the company has started a significant investment plan aimed at strengthening the Spoleto production site and improving process efficiency, with a technologically innovative and sustainable approach. The plan, valued at over €13 million, covered the entire 100.000 m² operational area.
Here Salov
Il Salov Group closed the financial year with excellent results in terms of profitability and a consolidation of its international presence. Despite a turnover that reached almost 500 million euros (slightly down from the 517,6 million of the previous year), the Tuscan group recorded significant growth in margins.
L’EBITDA has in fact doubled, reaching 21 million euros and reaching levels above the industry average. The company’s solidity was also driven by the increase in sales volumes, which rose by 3% during 2025 for a total of 100 million liters dispensed (compared to 97 million in 2024).
To celebrate these milestones and share the value generated, The company has allocated a bonus of 500 euros gross for each employee in all its offices around the world.
Controlled since 2014 by international giant Bright Food (which generated revenues of $17,6 billion in 2025), Salov has successfully navigated a complex geopolitical and macroeconomic environment. The company successfully mitigated pressure on energy and raw material costs, cushioning the impact of the sharp decline in extra virgin olive oil prices.
The financial data confirm the group’s strong international vocation, with exports account for 70% of the overall turnoverThe United States remains the group’s leading foreign market. Despite challenges and declining margins caused by the introduction of tariffs, sales volumes have held up, consolidating the group’s position. The United Kingdom remains the group’s second-largest market, recording a 5% revenue growth compared to 2024. In Asia and South America, the Filippo Berio brand performed excellently (while the Sagra brand remains exclusive to the Italian market). Of particular note are the company’s commercial expansion in India and development in South America, the latter favored by free trade agreements that support exports of Made in Italy products.
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