Slide 1: FY 2025 Results
FY 2025 Results Conference VideoCall March 20th, 2026
Slide 2: Today's speakers
Today’s speakers Luca Innocenzo Sara Sburlati Tamborrini De Benedetti CEO CFO Investor Relations Manager ▪ President of Confindustria Moda 2025-2029 ▪ Since 2009 in Pattern ▪ Since 2019 in Pattern ▪ Since 2012 in Pattern ▪ 25 years as CFO and Senior ▪ 15 years in communication, last ▪ Strong know-ho
Slide 3: Landmark for top-end Luxury Fashion Engineering & Production
Landmark for top-end Luxury Fashion Engineering & Production
Slide 4: Index
Index ▪ FY 2025 Overview ▪ Outlook 2026 & Strategic Plan 2026-2028 ▪ Investments Carried Out in 2025-2026 ▪ Financials FY 2025 4
Slide 5: FY 2025 Overview
‘ + 7 , i; > | “es, a _BY 2025 Overview. a ae
Slide 6: FY 2025 Overview
FY 2025 OVERVIEW 2025 was a particularly challenging year for the Italian Fashion System, which was already severely impacted in 2024. The sector experienced a further contraction due to two significant macroeconomic dynamics: on the one hand, the structural slowdown in Chinese demand for Western pr
Slide 7: Outlook 2026 & Strategic Plan 2026-2028
Outlook 2026 & Strategic Plan 2026- 2028
Slide 8: Pattern Group Outlook: Wider gap between Top Luxury and Fashion Luxury
Pattern Group Outlook: Wider gap between Top Luxury and Fashion Luxury 2026 looks set to be a year in which a structurally smaller market is likely to stabilize, but it's assumed the lowest point has been reached. This is without yet being able to assess the full implications of recent and ongoing e
Slide 9: Confirm Guidance of the Strategic Plan 2026 – 2028
Confirm Guidance of the Strategic Plan 2026 – 2028 The Group’s M&A policy will continue as always, with a strong focus on product development and entrepreneurs wishing to participate in the project, whilst – as in the past – no speculative decisions will be made. This is in line with the new 2026–20
Slide 10: Objectives behind the Strategic Plan 2026 – 2028
Objectives behind the Strategic Plan 2026 – 2028* Objectives: 1. Necessary reduction of market risk, customer concentration in a company resilient to any market fluctuations over a 5–10year horizon 2. Countering aggressive competitors who, through financial leverage, have created significantly large
Slide 11: Strategic Plan Assumptions
Strategic Plan Assumptions * Driver of Strategic Plan 2026-2028 Impacted IS item Scope of analysis 1. Decline/Recovery of the Chinese market Revenue ↑↓ Category uncertainty Drivers of 2. Introduction of US trade tariffs of 10-20% Revenue ↓ Category 3. Changes in creative direction Revenue ↑↓ Brand/C
Slide 12: Action lines: The «3I» plan
3 Action lines: The «3I» plan * MISSION Create a unique Italian industrial player focused on Product Development and Innovation, progressively expanding its focus from Ready -To-Wear sector and pursuing economic growth objectives with low invested capital INTEGRATEI Always with I = Interpret, Ideate
Slide 13: 2028 Financial Targets
2028 FINANCIAL TARGETS * Revenue EBITDA Margin NFP Target 2028 € 125 - 140 M Low double digit Cash positive AS IS Target 2028 Medium double + 12 - 20% Neutral with M&A digit *Presented in September 2025 13
Slide 14: Investments Carried Out in 2025-2026
Investments Carried Out in 2025-2026
Slide 15: Business & Industrial Investments
Business & Industrial Investments Inauguration of MTF - Manifattura Tessuti 11 Double, specialist in the production of splittable fabrics garments, based in Santeramo in Colle Feb. (BA), represents a center of excellence in Italian 2026 manufacturing know-how. Inauguration of the new headquarters in
Slide 16: Business & Industrial Investments: Minorities Strategic Management
Business & Industrial Investments: Minorities Strategic Management 22 Subscription, together with Bo.Ma. Holding S.r.l. and S.M.T. (80%), of a binding Dec. term sheet with Camer S.r.l. and Stefano Casini, CEO of SMT, for the 2025 implementation of a corporate reorganization within the Pattern Group.
Slide 17: Financials FY 2025
“ . “oe _ Financials FY 202: po -
Slide 18: Key figures
FY 2025 Key figures REVENUE EBITDA EBITDA Margin € 117.0 M € 5.9 M 5.0% -8.6% -54.9% 10.2% ADJ.1 GROUP GROUP NET NET RESULT RESULT € -1.6 M € -3.0 M NET DEBT CAPEX PEOPLE € 19.8 M € 13.0 M decreased by 791 € 3 M in 4Q2 1 The adj. Group net result is adjusted to take account of goodwill and financial
Slide 19: Revenue: Gradual recovery recorded in the 3Q and 4Q
FY 2025 Revenue: Gradual recovery recorded in the 3Q and 4Q ▪ Decline in volumes in all sectors and mainly concentrated in the H1, against the backdrop of a particularly weak market for the luxury sector. ▪ Recovery recorded in the H2, due both to an improvement in market conditions – which led to a
Slide 20: Ebitda
FY 2025 Ebitda €M Change in Ebitda by sector H2 vs. H1 Change in Ebitda by sector +278.5% -54.9% 13.0 5.9 -2.3 1.1 -5.5 5.9 0.7 5.3 1.6 -2.1 FY 2024 Ready Knitwear Leather FY 2025 H1 2025 Ready Knitwear Leather FY 2025 to wear Goods to wear Goods ▪ Ebitda Margin 5.0% ▪ Decline in profitability mainl
Slide 21: Net Financial Result and Income Taxes
FY 2025 Net Financial Result and Income Taxes €M FY 2025 FY 2024 €M FY 2025 FY 2024 Gross profit (1.485) 3.323 Net financial income 406 769 GW amortization 2.864 2.413 Cost of gross debt (1.087) (955) GW Dyloan write-down - 2.311 Other financial income and expenses 1.100 4 Extraordinary items (527)
Slide 22: Net result and Adj. net result
FY 2025 Net result and Adj. net result €M FY 2025 FY 2024 Net result reported (2.294) 363 Goodwill amortization 2.864 2.413 Write down Dyloan - 2.311 Windfall profit (1.100) - Adj. net result (531) 5.087 Group net result (2.973) (1.017) Group goodwill amortization 2.499 2.195 Write down Dyloan - 2.3
Slide 23: Free cash flow: Strong cash generation in the H2
FY 2025 Free cash flow: Strong cash generation in the H2 €M FY 2025 FY 2024 Operating profit from operations 8,294 15,316 €M H2 2025 H1 2025 Adjustment for other non-cash items (2,548) (145) Changes in nwc 1,699 365 Cash flow from operating 6,312 (196) Net financial payments (676) (148) activities T
Slide 24: Change in Net Financial Position
FY 2025 Change in Net Financial Position €/000 FY 2025 FY 2024 Starting NFP of the Group (14,375) 642 NET DEBT TO EBITDA NFP of newly consolidated companies - 1,290 FY 2025 FY 2024 Free cash flow (6,922) 5,153 Financial investments 1,868 589 3.4 1.1 M&A activities - (21,074) Cash flow from changes i
Slide 25: Capex: Strategic investments continue
FY 2025 Capex: Strategic investments continue €M FY 2025 FY 2024 €M IT investments 397 236 CAPEX ON REVENUE 11.1% 5.2% Works on third party property 329 352 Other 59 240 Disposal intangible assets (20) (10) 13.0 Intangible assets 0.8 Net acquisition of intangible assets 764 818 Land and buildings 9,
Slide 26: Balance sheet
FY 2025 Balance sheet FY 2025 €M 121.5 121.5 ▪ Tax credit € 5.2 mln (€ 3.3 mln of VAT credit) €M FY 2025 FY 2024 Chg. % 40.8 Total Equity Fixed assets 59.1 Fixed assets 59,101 56,011 5.5% Net working capital 8,056 8,344 -3.4% Risk funds (6,514) (6,439) 1.2% Net invested capital 60,643 57,916 4.7% In
Slide 27: Net debt structure: Extended duration, lower risk of rising debt costs, and high liquidity
FY 2025 Net debt structure: Extended duration, lower risk of rising debt costs, and high liquidity ▪ Measures to extend debt maturities and increase the proportion of fixed-rate bank loans ▪ Fixed interest rate: 60.6% (vs. 34.8% in 2024) €/000 €M FY 2025 FY 2024 47,743 Short term bank debt 10,819 14
Slide 28: Debt repayments in the coming two years
Debt repayments in the coming two years €M 2025 2026 2027 Two years period Annual repayment bank debt plan 9,745 8,250 17,995 Other repayment due to the M&A debt 1,400 1,000 2,400 Purchase of treasury shares in S.M.T. 5,759 5,759 Total financial commitments 16,903 9,250 26,153 Gross debt, at the end
Slide 29: Q&A Session Thank you
Q&A SESSION Follow us: Internet Risultati immagini per logo linkedin Thank you 29
Slide 30: Income statement
FY 2025 Income statement € 000 FY2025 FY2024 % Sales revenues 115,374 125,794 -8.3% Other revenues 1,591 2,221 -28.4% Total Revenues 116,965 128,015 -8.6% Change in inventories, semi and finished 448 (1,516) -129.6% products Value of production 117,413 126,499 -7.2% Raw materials (21,590) (22,975) -
Slide 31: Balance sheet
FY 2025 Balance sheet (€ 000) 31/12/2025 31/12/2024 % (€ 000) 31/12/2025 31/12/2024 % Intangible fixed assets 26,473.4 30,342.4 -12.8% Shareholders' Equity 40,813.9 43,541.1 -6.3% Tangible fixed assets 31,282.3 23,501.8 33.1% Group Shareholders' Equity 33,314.9 36,315.2 -8.3% Financial fixed assets