Soges Group Spa · MIL:SOGES
Soges Group Spa — FY2025 Earnings Presentation
18 slides from Soges Group Spa's earnings presentation, Mar 31, 2026
Slide 1: Full Year 2025 Results
FULL YEAR 2025 RESULTS M A R C H 3 1 S T, 2 0 2 6
Slide 2: Chairman, CEO and CFO
PAOLO GALARDI CHAIRMAN ANDREA GALARDI SIMONA CAPPELLETTI CEO CFO 2
Slide 3: At a Glance
AT A GLANCE Soges Group S.p.A. is a PMI listed on the Euronext Growth Milan (EGM) market of the Italian Stock Exchange, specialized in hotel and conference hospitality. Founded in 2000, the company embarked on a rapid growth trajectory in the hotel sector following the sale of one of its divisions i
Slide 4: Where the History of Hospitality Meets the Future
WHERE THE HISTORY OF HOSPITALITY VALUE CHAIN MEETS THE FUTURE Strategic Hotel Management Acquisitions Centralization of Holistic Renovation of Staff Business Go-to-Market the Facilities Training Functions Strategy Customer Hotel Repositioning Satisfaction & Redevelopment Performance Enhancement 4
Slide 5: Where We Are: Firenze and Chianti Clusters
FIRENZE CLUSTER VILLA VILLA ART WHERE WE ARE NEROLI AGAPE ATELIER •76 Keys •31 Keys •33 Keys FIRENZE CLUSTER •Occupancy 88% •Occupancy 92% •Occupancy 90% •Villa Neroli •ADR €158 •ADR €210 •ADR €167 •Villa Agape Restaurant, Bar, Fitness •Palazzo Alfieri room, Wellness Area, Restaurant, Bar, Meeting B
Slide 6: Where We Are: Chianti Cluster and White Label
CHIANTI CLUSTER WHITE LABEL WHERE WE ARE PARK HOTEL PODERE CERTOSA DI HOTEL MELIÀ VENEZIA LIDO The Hotel Melià Venezia Lido, opened in August, marks the first opening outside CHIANTI MEZZASTRADA PONTIGNANO Tuscany and the first white-label franchising agreement Barberino Tavarnelle(FI) Fiano - Certa
Slide 7: Full-Year 2025 Financial Results
FULL-YEAR 2025 FINANCIAL RESULTS 7
Slide 8: FY2025 – Key Data
€/M VALUE OF PRODUCTION EBITDAR 27.1 16.8 6.1 3.0 FY2025 – KEY DATA FY2025 FY2024 FY2025 FY2024 • Strong revenue growth confirming business momentum Revenues reached €26.4 million in FY2025, up 58.2% YoY (€16.7 million in FY2024), while Value of Production increased by 61.2% to €27.1 million. The pe
Slide 9: Underlying Profitability Stronger on a Normalized Basis
UNDERLYING PROFITABILITY STRONGER ON A NORMALIZED BASIS €/M – Year 2025 Normalized Normalized Normalized REVENUES EBITDAR EBITDA 25.6 6.8 2.7 Margin 26.4% 10.5% • Normalized perimeter to reflect underlying performance: FY2025 figures are presented on a normalized basis, excluding Hotel Melià Venezia
Slide 10: FY2026 Outlook: Growth and Margin Expansion
€/M FY2026 OUTLOOK: REVENUES GROWTH AND MARGIN EXPANSION 30-32 26.4 • Like-for-like revenue growth FY2026 revenues expected in the range of €30–32 million on a like-for-like basis, reflecting continued commercial momentum across the portfolio 2025 2026E • Significant EBITDA expansion EBITDA expected
Slide 11: Appendix
APPENDIX @ PALAZZO. ALFIERI
Slide 12: Company History: Pre IPO and Post IPO
2000 2014 2015 2018 Soges founded Entry in the Art Hotel Boccioleto PRE IPO as an hotellerie: Certosa Villa Resort & Innovative di Pontignano Agape Spa Lease Start-up in Public Lease student Authorization housing 2023 2022 2021 2019 Park Hotel Villa Neroli Business Art Atelier Divestment of Lease Le
Slide 13: Business Model
BUSINESS MODEL Thanks to a targeted and structured strategy, Soges Group developed a model capable of progressively expanding its portfolio of managed properties. It operates in the market in two ways: directly, with its Place of Charme brand, which allows it to achieve significant economies of scal
Slide 14: Shareholding Structure and Governance
SHAREHOLDING STRUCTURE AND GOVERNANCE 0.53% 22.01% Gala Holding S.r.l. 0.62% Market Treasury share 76.84% Andrea Galardi Board of Directors Board of Auditors Paolo Galardi Chairman Massimo Parrinello President of the Board of Auditors Cristina Galardi Vice President Andrea Galardi CEO Barbara Riccia
Slide 15: Income Statement
Sales revenues 26,417 16,699 58.2% Other revenues 708 129 449.3% Value of production 27,126 16,828 61.2% Raw materials (2,796) (2) 53.7% Cost of services (8,085) (4,828) 67.5% Change in rem. of raw, ancillary and 106 6 1747.9% consumable materials and goods Personnel Expenses (9,974) (6,854) 45.5% O
Slide 16: Balance Sheet
(€ 000) FY2025 FY2024 Fixed Assets 21,607 20,312 Warehouse 402 296 Trade Receivables 600 415 Trade Payables (2,118) (1,475) Trade Working Capital (1,116) (763) Other Receivables 269 286 Other Payables (2,093) (1,550) Net tax receivables and payables 358 390 Net accruals and deferrals 524 2,002 Net W
Slide 17: Disclaimer
DISCLAIMER For the purposes of the following warning, this presentation (the "Presentation") includes the attached slides and any material distributed during or in connection with the Presentation. The Presentation has been prepared by SOGES GROUP S.p.A. (the "Company" or "SOGES GROUP") exclusively
Slide 18: Registered office and contact details
Registered office: via dei Caboto 49, 50127, Firenze Management and administration offices: Largo Novello 1 F, 50126, Firenze Tel. 0556532526 investor-relation@soges-group.com