)

Mondadori (MN) investor relations material
Mondadori Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue for H1 2025 grew 0.6% year-over-year to €389.5 million, with adjusted EBITDA nearly flat at €40.5 million and net profit down to €3.5 million, reflecting lower EBIT and higher financial charges.
Book market declined 5% in H1 2025, but retail and education segments outperformed, with retail operations gaining market share and education books revenue up 14.2% due to early deliveries.
July 2025 saw a sharp reversal in book market trends, with retail outperforming and narrowing the market share gap.
Group maintained national leadership with 27.4% market share and three titles in the top 10.
Solid cash generation continued, with ordinary cash flow at €64 million and free cash flow at €33.8 million.
Financial highlights
Adjusted EBITDA was €40.5 million, down €0.4 million year-over-year; EBIT fell to €8 million from €12.7 million.
Net profit dropped to €3.5 million from €7.1 million, mainly due to higher depreciation, amortization, and financial charges.
Adjusted net profit was €7.6 million versus €9 million a year earlier.
Free cash flow at June 2025 was €33.8 million, supporting increased dividends without compromising financial strength.
Net financial position (IFRS 16) was €-300.1 million, up 2.3% year-over-year.
Outlook and guidance
FY 2025 guidance confirmed: low single-digit growth in revenues and adjusted EBITDA, with profitability stable at 17%.
Ordinary cash flow expected at or below €70 million, with lower cash-in anticipated in 2H25 shifting to 1H 2026.
Net debt expected at 1x adjusted EBITDA by year-end 2025.
Anticipates market recovery in H2 2025, supported by a strong editorial pipeline and positive book market trends.
Next Mondadori earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage