Market Closed -
Borsa Italiana
11:45:00 2025-02-07 am EST
|
5-day change
|
1st Jan Change
|
13.86 EUR
|
+0.36%
|
|
+1.18%
|
+5.90%
|
 Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
69,881
|
43,987
|
76,570
|
132,237
|
93,717
|
88,826
|
89,832
|
94,565
|
Change
|
-
|
-37.05%
|
74.07%
|
72.7%
|
-29.13%
|
-5.22%
|
1.13%
|
5.27%
|
EBITDA
1 |
16,703
|
9,202
|
16,729
|
24,740
|
21,284
|
18,790
|
17,763
|
18,380
|
Change
|
-
|
-44.91%
|
81.8%
|
47.89%
|
-13.97%
|
-11.72%
|
-5.46%
|
3.47%
|
EBIT
1 |
8,597
|
1,898
|
9,667
|
20,391
|
13,805
|
10,985
|
10,115
|
10,491
|
Change
|
-
|
-77.92%
|
409.33%
|
110.93%
|
-32.3%
|
-20.43%
|
-7.92%
|
3.72%
|
Interest Paid
1 |
-921
|
-893
|
-903
|
-1,053
|
-443
|
-515.3
|
-502.8
|
-511.2
|
Earnings before Tax (EBT)
1 |
5,746
|
-5,946
|
11,103
|
22,066
|
10,206
|
10,844
|
10,814
|
10,794
|
Change
|
-
|
-
|
-
|
98.74%
|
-53.75%
|
6.25%
|
-0.27%
|
-0.19%
|
Net income
1 |
148
|
-8,563
|
6,128
|
13,810
|
4,747
|
4,588
|
5,496
|
5,591
|
Change
|
-
|
-
|
-
|
125.36%
|
-65.63%
|
-3.35%
|
19.79%
|
1.72%
|
Announcement Date
|
2/28/20
|
2/19/21
|
2/18/22
|
2/23/23
|
2/16/24
|
-
|
-
|
-
|
 Fiscal Period: December |
2019 Q4
|
2020 Q1
|
2020 Q2
|
2020 Q3
|
2020 Q4
|
2021 Q1
|
2021 Q2
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
2026 Q1
|
2026 Q2
|
2026 Q3
|
---|
Net sales
1 |
16,215
|
13,873
|
8,157
|
10,326
|
11,631
|
14,494
|
16,294
|
19,021
|
26,761
|
32,129
|
31,556
|
37,302
|
31,250
|
27,185
|
19,591
|
22,319
|
24,622
|
22,936
|
21,715
|
20,658
|
19,885
|
26,163
|
23,600
|
22,798
|
20,092
|
20,092
|
20,092
|
20,092
|
Change
|
-
|
-14.44%
|
-41.2%
|
26.59%
|
12.64%
|
24.62%
|
12.42%
|
16.74%
|
40.69%
|
20.06%
|
-1.78%
|
18.21%
|
-16.22%
|
-13.01%
|
-27.93%
|
13.92%
|
10.32%
|
-6.85%
|
-5.32%
|
-4.87%
|
-3.74%
|
31.57%
|
-9.8%
|
-3.4%
|
-11.87%
|
0%
|
0%
|
0%
|
EBITDA
1 |
4,018
|
3,187
|
1,553
|
2,314
|
2,158
|
3,021
|
4,855
|
4,320
|
5,770
|
-
|
7,386
|
-
|
6,167
|
6,493
|
5,254
|
-
|
4,754
|
6,074
|
5,113
|
4,284
|
4,200
|
4,945
|
4,495
|
4,434
|
4,795
|
4,853
|
4,630
|
4,697
|
Change
|
-
|
-20.68%
|
-51.27%
|
49%
|
-6.74%
|
39.99%
|
60.71%
|
-11.02%
|
33.56%
|
-100%
|
-
|
-100%
|
-
|
5.29%
|
-19.08%
|
-100%
|
-
|
27.77%
|
-15.82%
|
-16.21%
|
-1.97%
|
17.74%
|
-9.09%
|
-1.37%
|
8.16%
|
1.19%
|
-4.58%
|
1.44%
|
EBIT
1 |
1,805
|
1,307
|
-434
|
537
|
488
|
1,321
|
2,045
|
2,492
|
3,809
|
5,191
|
5,841
|
5,772
|
3,587
|
4,641
|
3,381
|
3,014
|
2,769
|
4,116
|
3,185
|
2,442
|
1,948
|
2,693
|
2,399
|
2,364
|
2,454
|
2,530
|
2,341
|
2,408
|
Change
|
-
|
-27.59%
|
-
|
-
|
-9.12%
|
170.7%
|
54.81%
|
21.86%
|
52.85%
|
36.28%
|
12.52%
|
-1.18%
|
-37.86%
|
29.38%
|
-27.15%
|
-10.85%
|
-8.13%
|
48.65%
|
-22.62%
|
-23.33%
|
-20.22%
|
38.23%
|
-10.92%
|
-1.46%
|
3.83%
|
3.07%
|
-7.45%
|
2.85%
|
Charge d'intérêts
1 |
-190
|
-460
|
-68
|
-189
|
-176
|
-250
|
-221
|
-231
|
-201
|
-339
|
-280
|
-308
|
-126
|
-123
|
-144
|
-122
|
-54
|
-246
|
-189
|
-346
|
-100
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-431
|
-2,393
|
-
|
3
|
-269
|
-
|
-
|
-
|
5,390
|
-
|
-
|
-
|
460
|
-
|
2,057
|
3,438
|
1,130
|
2,725
|
2,072
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Change
|
-
|
455.22%
|
-100%
|
-
|
-
|
-100%
|
-
|
-
|
-
|
-100%
|
-
|
-
|
-
|
-100%
|
-
|
67.14%
|
-67.13%
|
141.15%
|
-23.96%
|
-100%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
-1,891
|
-2,929
|
-4,406
|
-503
|
-725
|
856
|
247
|
1,203
|
3,822
|
3,583
|
3,815
|
5,862
|
550
|
2,388
|
294
|
1,916
|
-
|
1,211
|
661
|
522
|
1,006
|
1,389
|
1,289
|
1,324
|
1,324
|
1,399
|
1,283
|
1,351
|
Change
|
-
|
54.89%
|
50.43%
|
-88.58%
|
44.14%
|
-
|
-71.14%
|
387.04%
|
217.71%
|
-6.25%
|
6.48%
|
53.66%
|
-90.62%
|
334.18%
|
-87.69%
|
551.7%
|
-100%
|
-
|
-45.42%
|
-21.03%
|
92.73%
|
38.08%
|
-7.19%
|
2.7%
|
-0.05%
|
5.7%
|
-8.25%
|
5.29%
|
Announcement Date
|
2/28/20
|
4/24/20
|
7/30/20
|
10/28/20
|
2/19/21
|
4/30/21
|
7/30/21
|
10/29/21
|
2/18/22
|
4/29/22
|
7/29/22
|
10/28/22
|
2/23/23
|
4/28/23
|
7/28/23
|
10/27/23
|
2/16/24
|
4/24/24
|
7/26/24
|
10/25/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
 Fiscal Period: December |
2020 S1
|
2021 S1
|
2022 S1
|
2023 S1
|
---|
Net sales
|
-
|
-
|
-
|
-
|
Change
|
-
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
Change
|
-
|
-
|
-
|
-
|
EBIT
1 |
873
|
3,366
|
11,032
|
8,022
|
Change
|
-
|
285.57%
|
227.75%
|
-27.28%
|
Charge d'intérêts
1 |
-528
|
-471
|
-
|
-267
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
Change
|
-
|
-
|
-
|
-
|
Net income
|
-7,335
|
1,103
|
7,398
|
-
|
Change
|
-
|
-
|
570.72%
|
-100%
|
Announcement Date
|
7/30/20
|
7/30/21
|
7/29/22
|
7/28/23
|
 Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
17,125
|
16,586
|
18,576
|
11,972
|
16,235
|
18,193
|
16,312
|
16,192
|
Change
|
-
|
-3.15%
|
12%
|
-35.55%
|
35.61%
|
12.06%
|
-10.34%
|
-0.74%
|
Announcement Date
|
2/28/20
|
2/19/21
|
2/18/22
|
2/23/23
|
2/16/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
CAPEX
1 |
8,376
|
4,644
|
5,234
|
8,056
|
9,215
|
8,652
|
8,807
|
8,726
|
Change
|
-
|
-44.56%
|
12.7%
|
53.92%
|
14.39%
|
-6.11%
|
1.79%
|
-0.91%
|
Free Cash Flow (FCF)
1 |
4,016
|
178
|
7,617
|
9,404
|
5,904
|
6,163
|
6,685
|
5,993
|
Change
|
-
|
-95.57%
|
4,179.21%
|
23.46%
|
-37.22%
|
4.39%
|
8.46%
|
-10.36%
|
Announcement Date
|
2/28/20
|
2/19/21
|
2/18/22
|
2/23/23
|
2/16/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Profitability
| | | | | | | | |
---|
EBITDA Margin (%)
|
23.9%
|
20.92%
|
21.85%
|
18.71%
|
22.71%
|
21.15%
|
19.77%
|
19.44%
|
EBIT Margin (%)
|
12.3%
|
4.31%
|
12.63%
|
15.42%
|
14.73%
|
12.37%
|
11.26%
|
11.09%
|
EBT Margin (%)
|
8.22%
|
-13.52%
|
14.5%
|
16.69%
|
10.89%
|
12.21%
|
12.04%
|
11.41%
|
Net margin (%)
|
0.21%
|
-19.47%
|
8%
|
10.44%
|
5.07%
|
5.17%
|
6.12%
|
5.91%
|
FCF margin (%)
|
5.75%
|
0.4%
|
9.95%
|
7.11%
|
6.3%
|
6.94%
|
7.44%
|
6.34%
|
FCF / Net Income (%)
|
2,713.51%
|
-2.08%
|
124.3%
|
68.1%
|
124.37%
|
134.33%
|
121.63%
|
107.19%
|
Profitability
| | | | | | | | |
---|
ROA
|
2.38%
|
-0.64%
|
3.83%
|
9.53%
|
5.63%
|
4.41%
|
4.48%
|
4.75%
|
ROE
|
5.82%
|
-1.74%
|
11.54%
|
26.84%
|
15.38%
|
10.59%
|
10.5%
|
10.7%
|
Financial Health
| | | | | | | | |
---|
Leverage (Debt/EBITDA)
|
1.03x
|
1.8x
|
1.11x
|
0.48x
|
0.76x
|
0.97x
|
0.92x
|
0.88x
|
Debt / Free cash flow
|
4.26x
|
93.18x
|
2.44x
|
1.27x
|
2.75x
|
2.95x
|
2.44x
|
2.7x
|
Capital Intensity
| | | | | | | | |
---|
CAPEX / Current Assets (%)
|
11.99%
|
10.56%
|
6.84%
|
6.09%
|
9.83%
|
9.74%
|
9.8%
|
9.23%
|
CAPEX / EBITDA (%)
|
50.15%
|
50.47%
|
31.29%
|
32.56%
|
43.3%
|
46.05%
|
49.58%
|
47.48%
|
CAPEX / FCF (%)
|
208.57%
|
2,608.99%
|
68.71%
|
85.67%
|
156.08%
|
140.38%
|
131.74%
|
145.62%
|
Items per share
| | | | | | | | |
---|
Cash flow per share
1 |
3.448
|
1.347
|
3.596
|
5.003
|
4.544
|
3.956
|
4.078
|
4.258
|
Change
|
-
|
-60.92%
|
166.91%
|
39.12%
|
-9.17%
|
-12.94%
|
3.09%
|
4.4%
|
Dividend per Share
1 |
0.86
|
0.36
|
0.86
|
0.88
|
0.94
|
0.998
|
1.038
|
1.08
|
Change
|
-
|
-58.14%
|
138.89%
|
2.33%
|
6.82%
|
6.17%
|
4.02%
|
4.02%
|
Book Value Per Share
1 |
13.32
|
10.49
|
12.5
|
15.72
|
16.09
|
16.17
|
16.78
|
17.39
|
Change
|
-
|
-21.22%
|
19.15%
|
25.75%
|
2.36%
|
0.48%
|
3.76%
|
3.67%
|
EPS
1 |
0.04
|
-2.4
|
1.69
|
3.93
|
1.4
|
1.408
|
1.784
|
1.875
|
Change
|
-
|
-6,100%
|
-170.42%
|
132.54%
|
-64.38%
|
0.54%
|
26.76%
|
5.07%
|
Nbr of stocks (in thousands)
|
3,600,558
|
3,572,550
|
3,538,443
|
3,364,864
|
3,221,837
|
3,079,860
|
3,079,860
|
3,079,860
|
Announcement Date
|
2/28/20
|
2/19/21
|
2/18/22
|
2/23/23
|
2/16/24
|
-
|
-
|
-
|
| 2024 * | 2025 * |
---|
P/E ratio |
9.85x |
7.77x |
---|
PBR |
0.86x |
0.83x |
---|
EV / Sales |
0.69x |
0.66x |
---|
Yield |
7.2% |
7.49% |
---|
Last Close Price 13.86EUR Average target price 16.17EUR Spread / Average Target +16.65% Consensus
|