Fabbrica Italiana Lapis ed Affini (FILA) Q3 2026 earnings summary

Executive summary

• 9M revenue was €511.966M, up 12.6% on a comparable-FX basis; adjusted EBITDA was €106.420M, up 15.2% on the same basis, including Seven Group.

• Adjusted group net profit rose to €48.1M from €36.5M; reported net profit was €64.1M, mainly reflecting the DOMS stake-sale gain.

• FY 2026 guidance remained unchanged: double-digit revenue and adjusted EBITDA growth, with FCFE of €40–50M expected in the ordinary course.

Financial highlights

• Reported revenue increased 11.1% to €511.966M from €460.866M; comparable-FX growth was 12.6%, with currency effects of -€6.8M.

• Adjusted EBITDA was €106.420M versus €94.208M, up 13.0% reported and 15.2% on comparable FX; adjusted EBIT reached €78.227M.

• Reported net profit was €64.078M versus €20.649M; adjusted net profit was €48.076M versus €36.500M.

• Reported FCFE was -€34.8M versus -€32.3M; working-capital changes were -€98.2M versus -€72.2M, partly reflecting seasonality and Seven consolidation.

Outlook and guidance

• FY 2026 guidance remained unchanged: double-digit revenue and adjusted EBITDA growth, with ordinary-course FCFE of €40–50M and expected cash generation at the high end.

• Mexico delivery delays were expected to be recovered in Q4; U.K. production resumed in early November, with normal performance expected from January 2027.

• Longer-term priorities include streamlining, cost reduction and process optimisation; European price increases averaging ~4% net-net are planned.