)
Edge17 Oct 2025
A Castle in the Sky: The Story of Oracle
Oracle's journey from database innovator to disciplined enterprise backbone, now shaping the AI buildout with a standardized cloud infrastructure.
ENAV (ENAV) investor relations material
ENAV Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary31 Jul, 2025
Executive summary
Record-breaking air traffic in Italy, with en-route service units up 7.3% and terminal units up 4.5% year-over-year, exceeding forecasts and supporting strong operational performance.
Upgraded 2025 guidance for revenues, EBITDA, and net income, driven by higher traffic, operational excellence, and cost efficiencies.
Free cash flow nearly doubled year-over-year to €53.5 million, reflecting robust cash generation and efficiency.
Net regulated revenues at €11.7 million, more than double Q1 2025, driven by core business strength.
EBITDA fell 31.1% to €68.8 million and net profit dropped 69.6% to €7 million, mainly due to regulatory changes and higher costs.
Financial highlights
Operating revenues rose 12.1% to €526 million, but total revenues declined 3.2% to €447 million due to negative regulatory balance effects.
EBITDA margin decreased to 15.4% from 21.6% year-over-year; EBIT margin dropped to 3.9% from 9.3%.
Net financial debt increased to €349.8 million, mainly due to dividend payments and loan repayments.
Free cash flow for H1 2025 was €53.5 million, up 1.9x versus H1 2024 and Q1 2025.
Shareholders' equity decreased 11.6% to €1,087 million, mainly due to dividend distribution.
Outlook and guidance
2025 consolidated revenues now expected between €1,024–1,028 million, up from €1,015 million.
EBITDA guidance raised to €245–253 million (from €225 million); net profit forecast at €78–83 million (up from €64 million).
Air traffic growth is expected to continue in the second half of 2025, supporting higher revenue targets.
Full-year cost increase projected at 7%, below the 8.8% in the strategic plan.
Positive outlook for future years, with potential for further upgrades depending on year-end results.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next ENAV earnings date
Q3 202512 Nov, 2025
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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research17 Oct 2025
Beneath the Surface: A Conversation with Epiroc CEO Helena Hedblom
Legacy, innovation, and leading one of Sweden's most influential industrial companies into a new era.
)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Frequently asked questions
ENAV S.p.A. is an Italy-based company that specializes in air traffic control and management. It provides a range of air navigation services, including the management of national airspace and civil airports, across Italy and internationally. ENAV operates through three main sectors: Air Navigation Services, Maintenance Services, and AIM Software Solutions. The company also focuses on the technical management and maintenance of air traffic control equipment and systems, as well as the development of software solutions for the management of aeronautical information. Additionally, ENAV offers services such as air traffic flow management, communication, navigation, surveillance, digital aeronautical information management, flight procedure design and validation, among others. The company is headquartered in Rome, Italy, and its shares are listed on the Milan Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
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.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage