Francesco Mutti, CEO of the canning company now among the leaders not only in Italy but also in the sector, is starting the new tomato harvesting and processing campaign with positive market results. Despite tariffs and geopolitical challenges, Mutti recorded a 5% sales growth in the first months of the year, exceeding the revenue increase achieved in 2025 (over 770 million, +4%).
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Sales up 5% while exports exceeded 60% of revenue
“Exports are also doing well,” explains Mutti, “we are present in 105-106 markets and all show positive growth, so much so that we have exceeded the threshold of 60% of revenue generated abroad. Europe is doing well, led by the United Kingdom and Germany (a country where we are competing for market leadership). We are growing in Eastern Europe where we have opened a branch in Poland. But we are also doing well in geographies such as Australia and the United States. In the US, we are among the top brands and the fastest-growing company.”
Among the few companies to obtain partial tariff refunds
In the US, Mutti also boasts another “first.” “We are among the few,” explains the CEO, “who have obtained a partial refund of tariffs. After the Supreme Court ruling that rejected the increase of tariffs from 11% to 15%, they refunded us those 4 percentage points of extra tariffs paid. But it risks remaining a symbolic result because a new 10% tariff increase is under discussion, which would nullify even the refund.”
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According to the CEO, the main problems in international markets are not only tariffs but especially the climate of uncertainty that is driving up production costs, starting with energy and transport costs.
100 million investment planned over four years
The canning company was engaged in the first part of the year in changing the IT system. This choice is part of, along with a series of efficiency improvements in the production process, the 100 million euros of investments allocated over a four-year horizon.
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