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S.S. Lazio (SSL) investor relations material
S.S. Lazio H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Personnel costs increased due to higher fixed costs for players, technical staff, and performance bonuses linked to sporting results.
Net financial charges rose due to greater financial exposure during the period.
The adoption of the IAS 16 Revaluation Model led to a significant increase in fixed assets and reserves.
The company obtained UEFA licenses for both men's and women's teams for the 2026/27 season.
A consensual resolution of the main sponsorship agreement resulted in full payment of the sponsorship fee for 2026/27.
Financial highlights
Total revenues for 2025/26 were €134.5 million, down from €146.0 million year-over-year.
Operating costs increased to €187.4 million from €174.0 million year-over-year.
Net loss for the year was €10.0 million, an improvement from a €17.2 million loss in the previous year.
Significant capital gain from player sales: €39.3 million, up from €11.5 million year-over-year.
Comprehensive income for the year was €130.4 million, mainly due to the asset revaluation.
Outlook and guidance
Despite partial transfer market restrictions, the club continued its squad rejuvenation and expects to maintain financial equilibrium through player sales, youth promotions, new sponsorships, and international competition revenues.
- Net loss of €20.37M, equity up to €103.21M after €140.41M asset revaluation.SSL
H1 2026 - Sharp revenue decline and net loss driven by lower European income and regulatory constraints.SSL
H2 2025 - Net profit of €38.5M and revenue up 31.5% reflect Champions League impact.SSL
H2 2024 - Sharp profit drop and revenue decline, but financial stability maintained.SSL
H1 2025
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