Business
OVS S p A : APPROVED THE RESULTS FOR FISCAL YEAR 2025
OVS S p A : APPROVED THE RESULTS FOR FISCAL YEAR
About this update from Ovs S.p.a.
2025 BEST-EVER FULL YEAR RESULTS VERY POSITIVE START OF 2026 DIVIDEND AT 0.14 EUR PER SHARE (+27%) The Board of Directors of OVS S.p.A. has approved the 2025 financial results at 31/1/2026. Net sales reached €1,746 million, +7.0% compared with 2024, driven by both like-for-like growth, which was higher than the market, and the consolidation of Goldenpoint, which performed very well during the period. Excellent sales performance across all the main banners and brands. Brilliant results in particular in womenswear and in beauty, which again grew by double digits in 2025. The adjusted gross margin rose to €1,033 million, +8.8% compared with 2024, and the adjusted EBITDA increased to €218.2 million, +€22.9 million (+11.7%) compared with 2024. The EBITDA margin of 12.5% increased by 50 bps compared with the previous year. Adjusted net profit was €89.4 million, +€11.6 million (+14.8%) compared with 2024. Cash generation was €90.0 million, +€21.4 million (+31.2%) compared with 2024, equivalent to a Cash Flow Return on Investment(1) of around 26%. The adjusted net financial position fell to €145.9 million and showed an improvement even after the financial effects resulting from the acquisition of Goldenpoint, the distribution of dividends for €27.1 million and the purchase of treasury shares for €12.9 million. Leverage fell to 0.7x on EBITDA. The 2026 financial year is showing significant growth compared to 2025 thanks to the very positive reception of the new collections. In light of the current performance and growth prospects in terms of profitability and cash generation, the Board of Directors has resolved to propose to the Shareholders' Meeting an increase in the dividend to €0.14 per share, +27% on the previous one. Statement by the Chief Executive Officer, Stefano Beraldo "2025 was a year of excellent results, with growth across all the main banners and brands. This performance confirms the validity of a positioning based on quality, stylistic research, and sustainability, which have elevated the perceived value of the brands, effectively intercepting a growing demand for quality products at affordable prices. During the year, OVS continued to work on the strategy of developing and enhancing its brand portfolio, each with a distinct identity and aimed at different customer targets. 2025 saw OVS enriched by the launch of Les Copains, the extension of PIOMBO...