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Racing Force (RFG) investor relations material
Racing Force Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 TU earnings summary21 Oct, 2025
Executive summary
Revenues grew 20% in Q3 2025 and 8.6% in the first nine months, reaching €55.2 million, with strong market appreciation for new product innovations and solid brand positioning.
Order intake for the first nine months showed a significant double-digit increase, aligning with forecasts.
The first deliveries of helmets for Dutch police forces are expected in Q4, marking a milestone in diversification.
Financial highlights
Q3 2025 revenues were €15.9 million, up 19.9% year-over-year; nine-month revenues up 8.6% to €55.2 million.
At constant exchange rates, Q3 revenue growth was 21.3% and nine-month growth was 9.2%.
Like-for-like Q3 growth (excluding new JV) was 16.9%; nine-month like-for-like growth was 7.8%.
Segment performance
Driver's Equipment sales rose €4.3 million (+11.3%) in nine months, with Q3 up 21.9%, driven by OMP racewear and Bell helmets.
Car Parts revenues fell €1.0 million (-9.7%) due to temporary delivery shifts, with all programs confirmed.
Other segment up €1.1 million (+38.9%) in nine months, led by Racing Spirit teamwear and new JV contributions.
EMEA sales up €3.5 million (+10.5%) in nine months; Q3 up 22.3%.
Americas sales up €0.8 million (+7.0%) in nine months, mainly from OMP racewear.
APAC Q3 sales up 29.5%, closing the gap from H1 due to strong performance in China.
Dealer channel sales up €0.2 million (+0.5%) in nine months; Q3 up €1.0 million (+11.6%).
Teams & Car Manufacturers sales up €1.6 million (+12.3%) in nine months; Q3 up €0.4 million (+11.1%).
Other customers up €2.6 million (+39.8%) in nine months, driven by Racing Spirit and JV contributions.
Quantify Dutch police helmet contribution.
Car Parts revenue recovery timeline?
Zeronoise JV's strategic growth potential?
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Frequently asked questions
Racing Force S.P.A. is a company that specializes in the design, manufacture, and marketing of safety equipment and accessories for the motorsports industry. Its product range includes items for drivers, such as racing suits, helmets, gloves, shoes, and other protective gear, as well as safety equipment for racing vehicles like seats, harnesses, and fire extinguishers. The company markets its products under well-known brands including OMP, Bell, Zeronoise, B2, and Racing Spirit. The company is headquartered in Ronco Scrivia, Italy, and its shares are listed on the Milan Stock Exchange.
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