)
Piovan (PVN) investor relations material
Piovan Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FY 2024 revenues reached €571.8m, up 0.2% year-over-year, maintaining record 2023 levels despite challenging markets.
Adjusted EBITDA was €78.5m (13.7% margin), with stable profitability and strong cash conversion (~95%).
Net financial position improved to negative €32.4m from negative €57.8m, reflecting strong cash generation.
Growth driven by expansion in Asia (NuVu acquisition, new Chinese plant) and Food & Industrial Applications segment.
Strategic acquisitions and increased stakes in Nu-Vu Conair and Fea expanded presence in India and consolidated group structure.
Financial highlights
Revenues: €571.8m (+0.2% YoY); organic revenues excluding NuVu down 2.9%.
Adjusted EBITDA: €78.5m (13.7% margin), down 0.4% YoY; excluding NuVu, €75.1m (13.6% margin).
Adjusted EBIT: €68.3m (11.9% margin), down 1.0% YoY; EBIT: €58.4m (10.2% margin), down 9.6%.
Adjusted Net Income: €47.7m, down 1.1% YoY; net profit: €46.3m.
Net debt reduced to €32.4m from €57.8m, supported by €61m cash flow from operations.
Outlook and guidance
Management expects continued growth in food and services, with technical polymers stabilizing.
Expansion in Asia and India, supported by NuVu consolidation and new manufacturing facilities, to drive future growth.
Focus remains on circular economy, recycled value chain, and growth in Food & Industrial Applications.
Regulatory changes in Europe, India, and China expected to boost recycled plastics and food packaging markets.
Investindustrial's acquisition expected to support further international growth and industry leadership.
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)