MILANO ( – Clabo, through its subsidiary Clabo Brasil Comercio De Balcoes De Refrigeracao, has signed an agreement for the supply of ice cream shop windows to the Brazilian chain ‘Mio Sogno di Gelato’. The Brazilian operator’s development plan includes 10 points of sale in 2019 and another 15 in 2020. The first tranche of the order, already confirmed, consists of 10 KT24 ‘top of the range’ models with a value of 750.000 Real (about 190.000 Euro) for the new ice-cream parlors in the area of São Paulo and Rio de Janeiro. “The agreement with Mio Sogno di Gelato – explains Clabo’s Executive Chairman, Pierluigi Bocchini – confirms that to be competitive outside Europe you need to be present locally with a direct organisation able to provide those services that a normal distributor wouldn’t be able to perform efficiently. Clabo has, for a long time, chosen this path and the results in terms of sales are proving it: this year the group’s turnover will grow by more than 25% on an annual basis, in line with our business plan. Regarding the capital increase in progress, I can only say that the resolution is valid until July 31st, 2019 and then we will make our conclusions. Should we have additional resources available, we could accelerate the progress of those investments envisaged in our business plan and achieve the objectives in advance of what was planned, while maintaining a balanced leverage ratio.” Clabo, moreover, with its President Pierluigi Bocchini, will participate in the AIM Investor Day organised by IR Top Consulting in Milan, at Palazzo Mezzanotte, on November 27th.