Rinaldo Franco closes 2024 with 10 ...

Rinaldo Franco, a leading Italian pet care products and accessories company, recorded a 10 per cent increase in turnover to over 22 mio euros in 2024. The result marks a return to growth after a slight decline in 2023 and confirms a positive trend that had already characterised the three-year period from 2020 to 2022, reports Italian magazine PetB2B. The increase affected both specialist retailers and wholesalers.

Investments in the past year include a new warehouse to make internal logistics more efficient and reduce the use of external service providers. In the commercial sector, Rinaldo Franco consolidated its presence in foreign markets by participating in Interzoo (Nuremberg) and Iberzoo (Madrid) and presenting new products in various categories: Snacks for dogs and cats, food for rodents and birds, the Ambel line for pet carers, toys and clothing for pets. Export to European markets is one of the strategic directions for the future.

By contrast, the start to 2025 was stable, with the first quarter ending as in the previous year. The company's forecasts for the following months remain positive. In large-scale retail, the pet supplies departments are expected to strengthen, while growth in specialist retail will be supported by the development of the range of services offered by pet shops.

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