Bf Spa approves the half-yearly report: profit of 24 million and production value growing by 43%

ROME – Profit of 24 million euros and a production value that in the first half of this year jumped by 43% compared to 2025. The board of directors of Bf Spa, the holding company of Bonifiche Ferraresi, under the presidency of Federico Vecchioni approved the half-yearly report which marks the growth of the group "attributable to the change in the consolidation perimeter, in addition to the effects of integration with investee companies".

In the half-year, the value of production amounted to 1.2 billion euros, +43% compared to the 852 million in the first half of 2025; the ebitda at 97 million, +80% compared to the 53 million in the first half of 2025. The positive net result is 24 million compared to a positive net result of euro 2 million in the first half of 2025. The net financial debt at 30 June 2026 is equal to 565 million (it was 82 million at 31 December 2025) and includes 63 million relating to the accounting of contracts rental, mainly real estate. The change compared to 2025 is attributable to the acquisition of the Martini group for approximately 201 million, finalized in June, and to the seasonality of the activities of the Cai and international business units.