FY 2025 Financial Highlights

FY2025 consolidated revenue growth, new cooking products contribution doubles to 7% of total own brand sales

“2025 was a decisive year: Elica accelerated and consolidated a path that is reshaping the way we compete in the market. Product innovation, our new identity, and the projects launched over the past two years are significantly strengthening our positioning in the Cooking world. New products and our new distribution model have been the engines of growth and clear proof of the strength of our vision. The financial result is the cost of a bold transformation and a major opportunity for Elica. The choices made are already generating value and preparing us to face the challenges of the coming years in an even stronger position”. Stated Francesco Casoli, Executive Chairman of Elica.

 
Q4 & FY 2025 Financial Highlights
460.6 M€
Consolidated Revenue
The result is mainly due to growth in own brand sales in Europe and new OEM projects on the North American market. The growth emerging at the beginning of the year continued in Q4 2025, with revenue of Euro 111.1 million, up slightly (+0.5%) on the same period in 2024.
27.7 M€
Adjusted EBITDA
Margin on revenues of 6.0% (6.9% in FY 2024). The contraction reflects an environment which still features significant promotional pressure and a negative price-mix. The investments focused on the transformation of the Cooking Division and the full execution of activities to support the brand and distribution also impacted the margins for the quarter.
-6.4 M€
Adjusted Net Profit
Negative impact in the current year of approximately Euro 2.0 million related to the transformation of China into a strategic sourcing hub, Euro 1.5 million for the settlement of the Tax Authority agreement on R&D tax credits for 2015-2016, and the impact of the write-down of the "India" equity investment as indicated above in the financial charges component
Performance
By Business Area
The Cooking division, which accounts for approximately 78% of total revenues, saw an increase in sales to Euro 357.5 million (Euro 353.1 million in FY 2024).

The performance was driven by the continued expansion of own brand sales in North America, in addition to the strong OEM business performances (Euro 148.3 million in FY 2025, +2.0% YoY). Revenue in the Americas was up 2.2% (+7.0% organic) on the previous year, thanks to the winning of new customers and distributors and the introduction of new products. EMEA sales were also positive, growing 8.4% in Q4 2025 vs Q4 2024.

The Motors division, which accounts for approximately 22% of total revenue, grew 4.1% to Euro 103.1 million (Euro 99 million in FY 2024).

Both the Heating and Ventilation segments performing strongly and improving in Q4 2025 over the comparative period.

Analysts Presentation FY 2025 Results click
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