Silvano Fashion Group (SFG1T) Q3 2025 earnings summary

Executive summary

• Revenue for the 9 months of 2025 was €44.4 million, down 4.5% year-over-year, with gross profit decreasing by 11% and net profit by 16.1%.

• Operating profit fell 29% to €10.3 million, and EBITDA declined 23.4% to €12.8 million.

• The company maintained a strong balance sheet, with total assets up 8.7% to €91.8 million and equity attributable to equity holders rising 13.2% to €74.7 million.

Financial highlights

• Gross margin decreased to 54.6% from 58.6% year-over-year.

• Net profit margin dropped to 20.2% from 23.0% in the prior year.

• Earnings per share for the period were €0.23, down from €0.27.

• Operating cash flow was €6.87 million, a 39% decrease from the previous year.

Outlook and guidance

• Focus remains on improving retail profitability in Russia and expanding the store network where feasible.

• Continued investment in store openings and production efficiency is planned.