On 30 June 2025, Stivala Group Finance p.l.c. (the “Group” or “Stivala”) announced the publication of an updated Financial Analysis Summary. The report outlines the Group's financial performance for the period from FY2022 to FY2024, and also provides projections for the financial year ending 31 December 2025.

For FY2025, Stivala is forecasting a marked improvement in revenue to €36.33 million compared to €29.48 million in FY2024. EBITDA is also expected to increase to €23.42 million from €19.53 million a year earlier. However, net profit is projected to contract significantly year-on-year to €18.10 million, down from €50.33 million in FY2024, reflecting the non-recurrence of the material profit of €30 million registered in FY2024 relating to the recognition of intangible asset.

Total assets are forecast to edge higher to €518.60 million, slightly above the €510.63 million reported as at the end of FY2024. Total equity is projected to grow to €375.33 million, up from €358.86 million. Total debt is expected to remain broadly stable at €100.41 million compared to €102.64 million in FY2024. Meanwhile, net debt is forecast to decline to €98.51 million from €101.18 million as at 31 December 2024.

The Group’s net debt-to-EBITDA multiple is forecast to trend lower to 4.21 times from 5.18 times in FY2024. Interest cover is also projected to strengthen to 5.61 times, up from 4.46 times a year earlier. The debt-to-assets ratio is expected to ease slightly to 0.19 times from 0.20 times, whilst net gearing is forecast to improve marginally to 20.79%, from 21.99% as at the end of FY2024.

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Financial Analysis Summary dated 30 June 2025