Elica SpA (FRA:7L4)
€ 1.12 -0.010 (-0.88%) Market Cap: 68.25 Mil Enterprise Value: 49.17 Mil PE Ratio: 0 PB Ratio: 0.56 GF Score: 53/100

Q1 2025 Elica SpA Earnings Call Transcript

Apr 29, 2025 / 10:59 AM GMT
Release Date Price: €1.26 (+5.00%)

Key Points

Positve
  • Elica SpA (LTS:0EA2) reported a year-on-year growth in both its modern and cooking divisions, despite a weak and uncertain market environment.
  • Net sales increased by 1.3% compared to the previous year, driven by growth in North America and successful OEM projects.
  • The company maintained a solid debt profile, with its net financial position remaining stable since December 2024.
  • Elica SpA (LTS:0EA2) is expanding its direct presence in North America, contributing to a 27% sales growth in the region.
  • The company is focusing on long-term growth fundamentals, including product innovation and expanding its distribution network.
Negative
  • Margins are being impacted by the ongoing transformation of the cooking division and increased investments in trade marketing activities.
  • The European market remains weak, with a 2% decline in demand and negative trends in key markets like France and Germany.
  • Promotional activities continue to pressure prices, with a 7% price reduction for kitchen hoods and a 10% decline in aspiration hub prices.
  • The company reported a negative net profit of 0.7 million, with group net profit also negative at 1.1 million.
  • Elica SpA (LTS:0EA2) faces challenges in maintaining profitability due to increased labor costs and ongoing investments in business transformation.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ELC.MI - Elica SpA
Q1 2025 Elica SpA Earnings Call
Apr 29, 2025 / NTS GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon. This is the Cosco conference operator. Welcome and thank you for joining the EEA first quarter 2025 results presentation.

As a reminder, all participants are in listen-only mode.

After the presentation, there'll be an opportunity to ask questions.

Should anyone need assistance during the conference call, they may signal an operator by pressing star and 0 on the telephone.

At this time I would like to turn the conference over to Mr. Gilio Kochi, CEO of Elia. Please go ahead, sir.

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Unidentified_2 [2]
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Thank you. Good afternoon,
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