OVS closes 2024 with rising revenues of 6.2% to 1.63 billion euros and a business margin rising to 58.2%, a rise of 90 foundation factors in comparison with the earlier 12 months. The firm expects in 2025 a rise in gross sales and an ABITDA progress and sees a optimistic driver additionally in strengthening the euro on the greenback. The mixture of better gross sales and finest margin led to a rise within the ABITDA of seven.2% to 195.3 million, thoughts the Ebit rises to 129 million (+8.3%). It additionally grows by 2.6% additionally internet revenue to 77.9 million. The monetary technology of the train was 68.6 million, for a complete of about 200 million within the final three years. “The cash generation was increased by 7% compared to 2023 – said the CEO, Stefano Beraldo -. The exercise also saw investments for 95 million, including about 15 million for the completion of some technological innovation projects. In particular, the system for the reuse of the garments with a circular economy in Puglia has been activated, and the installation of the new smart speakers have been completed which allow slimmer and interconnected shop operations “.
As of January 31, 2025, the web monetary debt of the group, rectified for the impression of the mark-to-market of the protection instruments and the impression deriving from the applying of the IFRS 16, was 148.3 million. The Board of Directors has determined to suggest the fee of a dividend referring to the 2024 12 months to the shareholders’ assembly, equal to 0.11 euros per share (+57%). In addition, he authorised the continuation of the present buyback plan for an extra 10 million. Looking to the longer term, the corporate consists of an Ebitda in further progress in 2025, whereas in relation to the duties on exports to the USA, the absence of gross sales within the American market makes OVS not uncovered. At the identical time, specifies the corporate in a notice, the duties imposed on Asian nations are figuring out better availability from suppliers to European clients, creating extra favorable provide alternatives. The strengthening of the euro on the greenback – he concludes – performs in our favor.
“The expected increase in sales, resulting from the product and network development projects, strengthened by the expectation of a weather normalization compared to the anomaly of May -June last year, is the main driver of the growth forecasts of the Abitda in 2025 -concludes Beraldo -, despite the drama of the increases in the cost of staff related to the renewal of the national contract that will also impact on the exercise in exercise in exercise Corso.The cash flow of 2025 will benefit from the reduction of investments for the non -recurring party ».
https://www.ilsole24ore.com/art/ovs-meteo-favorevole-spinge-prospettive-vendita-2025-AHuVVcL