Silvano Fashion Group (SFG1T) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue rose 0.8% YoY to €44.722m; gross profit increased 4.1% to €25.217m as gross margin improved 180 bps to 56.4%.�

• Operating profit fell 1.7% to €10.086m and EBITDA was nearly flat at €12.790m; net profit declined 21.6% to €7.045m.�

• Retail growth offset lower wholesale sales, while Russian local-currency sales declined and Belarus sales advanced.�

Financial highlights

• Q3 revenue was €16.132m vs. €15.951m YoY; gross profit €9.325m vs. €9.139m and operating profit €4.335m vs. €4.297m.�

• Q3 net profit was €2.724m vs. €2.706m; EPS was €0.07 in both periods.�

• 9M operating cash flow increased 111.7% to €14.533m; cash and cash equivalents reached €16.906m at 30 September, up from €6.639m at year-end.�

• Total assets were €98.164m, up 4.6% from 31 December 2025; equity attributable to parent holders rose 7.3% to €82.338m.�

Outlook and guidance

• Focus remains on improving Russian retail profitability; store expansion there depends on availability of reasonably priced retail locations.�