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Kaleon: shareholders’ meeting approves the annual financial statements as at 31 December 2025
Kaleon: shareholders’ meeting approves the annual financial statements as at 31 December
About this update from Kaleon S.p.a.
KALEON: SHAREHOLDERS' MEETING APPROVES THE ANNUAL FINANCIAL STATEMENTS AS AT 31 DECEMBER 2025 allocation of net profit approved; authorization granted for the purchase and disposal of treasury shares; amendment to Article 19 of the bylaws approved to introduce the designated representative mechanism. *** Milan, 29 April 2026 - On 29 April 2026, the Ordinary and Extraordinary Shareholders' Meeting of Kaleon S.p.A. ("Kaleon" or the "Company") - a company linked to the Borromeo family, specializing in the management and enhancement of significant artistic, natural, and museum assets for tourism purposes, listed on Euronext Growth Milan (Ticker: KLN) and Euronext Growth Paris (Ticker: ALKLN) - was held at first call. The Shareholders' Meeting, chaired by Dr. Vitaliano Borromeo Arese, resolved on the items on the agenda as follows. Approval of the annual financial statements as at 31 December 2025 The Ordinary Shareholders' Meeting examined and approved the annual financial statements for the year ended 31 December 2025, together with the management reports, and acknowledged the consolidated financial statements of the Group for the same period, as approved by the Board of Directors on 30 March 2026 and already disclosed in the press release issued on the same date, available on the Company's website at https://kaleon.com/ and on the authorized storage mechanism eMarket Storage (https://www.emarketstorage.com), to which reference is made. The Group's consolidated revenues for 2025 amounted to Euro 23.2 million, up 6.8% compared to 2024. Adjusted EBITDA reached Euro 6.1 million (+10.7% YoY), with a margin of 26.3%. Adjusted EBIT stood at Euro 2.6 million (vs. Euro 3.1 million in 2024), while net consolidated profit totaled Euro 1.6 million, slightly up from Euro 1.5 million (+1.2%). Net cash amounted to Euro 3.2 million. Allocation of net profit The Shareholders' Meeting also resolved to allocate the net profit for the year, amounting to Euro 1,323,494, as follows: Euro 66,175 to the legal reserve and the remaining Euro 1,257,319 entirely to retained earnings. Authorization to purchase and dispose of treasury shares The Shareholders' Meeting authorized (for a period of 18 months from today's date) the purchase and disposal of treasury shares up to a maximum number which, taking into account the treasury shares from time to time held by the Company or by its sub...