Reported Earnings • May 16
First quarter 2026 earnings released: EPS: €0.014 (vs €0.013 in 1Q 2025) First quarter 2026 results: EPS: €0.014 (up from €0.013 in 1Q 2025). Revenue: €135.6m (down 3.9% from 1Q 2025). Net income: €1.22m (up 9.5% from 1Q 2025). Profit margin: 0.9% (in line with 1Q 2025). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Board Change • May 04
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buy Or Sell Opportunity • Mar 21
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €1.40. The fair value is estimated to be €1.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Duyuru • Mar 20
Aquafil S.p.A., Annual General Meeting, Apr 28, 2026 Aquafil S.p.A., Annual General Meeting, Apr 28, 2026, at 14:00 W. Europe Standard Time. Reported Earnings • Mar 15
Full year 2025 earnings released Full year 2025 results: Revenue: €534.3m (down 1.7% from FY 2024). Net loss: €4.69m (loss narrowed 71% from FY 2024). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. New Risk • Mar 13
New major risk - Revenue and earnings growth Earnings have declined by 48% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Shares are highly illiquid. Earnings have declined by 48% per year over the past 5 years. Board Change • Mar 13
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 01
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 01
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 10
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 02
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Mar 25
Aquafil Breaks New Ground in Textile Recycling by Chemically Separating Elastic Fibers from Nylon After more than ten years of relentless research and innovation, Aquafil has unveiled a breakthrough in textile recycling: the world’s first demonstration plant capable of chemically separating elastic fibers from nylon. This pioneering technology tackles one of the textile industry’s most complex challenges, opening the door to new possibilities in recycling and circularity, confirming Aquafil’s role at the forefront of responsible innovation. Now, with the launch of this pilot plant, lab successes have translated into real-world application: for the first time ever, elastic fibers can be effectively separated from nylon in blended fabrics. This is a game-changer for recycling notoriously difficult textile waste—particularly from sportswear and swimwear—where different fibers are tightly bound and nearly impossible to recover. For years, these composite textiles have been destined for landfills, despite containing valuable material that could be recycled. Aquafil’s breakthrough process has solved this challenge. By overcoming the fiber separation barrier, the company can now unlock the potential of materials that were once discarded. The next step? Refining and scaling the process to an industrial level in order to process impactful volumes of material. To support this, Aquafil has built a network of strategic partners to secure a steady supply of post-use materials and ensure the development of a robust, efficient recycling supply chain. The nylon recovered through this process will be regenerated at the ECONYL® plant, transforming waste into high-quality regenerated nylon ready for new textile applications—significantly reducing reliance on virgin resources and lowering the environmental footprint of the textile sector. Reported Earnings • Mar 21
Full year 2024 earnings released Full year 2024 results: Revenue: €551.0m (down 3.6% from FY 2023). Net loss: €16.3m (loss narrowed 37% from FY 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Board Change • Mar 19
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 06
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 10
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 21
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2024 earnings released Third quarter 2024 results: €0.053 loss per share. Revenue: €131.3m (down 1.4% from 3Q 2023). Net loss: €2.65m (loss narrowed 80% from 3Q 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Luxury industry in Europe. Board Change • Oct 23
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Sep 19
Aquafil S.p.A. to Report Q3, 2024 Results on Oct 28, 2024 Aquafil S.p.A. announced that they will report Q3, 2024 results on Oct 28, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €142.3m (down 2.9% from 2Q 2023). Net loss: €3.03m (loss narrowed 59% from 2Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Board Change • Aug 28
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Roberto Siagri was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 04
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Chair Chiara Mio was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 02
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Chair Chiara Mio was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Third quarter 2023 earnings released Third quarter 2023 results: €0.26 loss per share. Revenue: €133.7m (down 28% from 3Q 2022). Net loss: €12.9m (down 253% from profit in 3Q 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Luxury industry in the United Kingdom. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €2.59, the stock trades at a forward P/E ratio of 1269x. Average forward P/E is 14x in the Luxury industry in Europe. Total loss to shareholders of 52% over the past year. New Risk • Sep 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). New Risk • Aug 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 17% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.5% operating cash flow to total debt). Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • May 13
First quarter 2023 earnings released First quarter 2023 results: EPS: €0.066. Revenue: €169.5m (down 1.6% from 1Q 2022). Net income: €3.29m (down 64% from 1Q 2022). Profit margin: 1.9% (down from 5.3% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in the United Kingdom. Upcoming Dividend • May 01
Upcoming dividend of €0.24 per share at 4.8% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.2%). Reported Earnings • Mar 19
Full year 2022 earnings released Full year 2022 results: Revenue: €696.9m (up 22% from FY 2021). Net income: €29.2m (up 173% from FY 2021). Profit margin: 4.2% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in the United Kingdom. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Ilaria Maria Riva was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Third quarter 2022 earnings released Third quarter 2022 results: EPS: €0.17. Revenue: €185.0m (up 27% from 3Q 2021). Net income: €8.46m (up 58% from 3Q 2021). Profit margin: 4.6% (up from 3.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Luxury industry in the United Kingdom. Board Change • Oct 21
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Ilaria Maria Riva was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 01
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €181.1m (up 26% from 2Q 2021). Net income: €8.55m (up 58% from 2Q 2021). Profit margin: 4.7% (up from 3.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.7%, compared to a 11% growth forecast for the Luxury industry in the United Kingdom. Board Change • Aug 24
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Ilaria Maria Riva was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 25% share price gain to €6.81, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Luxury industry in Europe. Total loss to shareholders of 20% over the past three years. Board Change • May 17
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Ilaria Maria Riva was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 15
First quarter 2022 earnings released First quarter 2022 results: EPS: €0.18. Net income: €9.12m (up 161% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Upcoming Dividend • May 02
Upcoming dividend of €0.12 per share Eligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (4.6%). Higher than average of industry peers (1.6%). Buying Opportunity • Apr 27
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €7.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 50%. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings is also forecast to grow by 29% per annum over the same time period. Buying Opportunity • Apr 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be €8.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings is also forecast to grow by 28% per annum over the same time period. Buying Opportunity • Mar 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €8.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €5.28, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Luxury industry in Europe. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.36 per share. Reported Earnings • Nov 14
Third quarter 2021 earnings released: EPS €0.10 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €146.5m (up 38% from 3Q 2020). Net income: €5.35m (up €6.31m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improved over the past week After last week's 15% share price gain to €7.95, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Luxury industry in Europe. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.97 per share. Reported Earnings • Sep 02
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €145.9m (up 79% from 2Q 2020). Net income: €5.42m (up €11.4m from 2Q 2020). Profit margin: 3.7% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Executive Departure • Jul 13
GM & Executive Director Fabrizio Calenti has left the company On the 30th of June, Fabrizio Calenti's tenure as GM & Executive Director ended. We don't have any record of a personal shareholding under Fabrizio's name. Fabrizio is the only executive to leave the company over the last 12 months. Reported Earnings • May 04
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €446.7m (down 19% from FY 2019). Net income: €595.0k (down 93% from FY 2019). Profit margin: 0.1% (down from 1.6% in FY 2019). Reported Earnings • Mar 14
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €446.7m (down 19% from FY 2019). Net income: €595.0k (down 93% from FY 2019). Profit margin: 0.1% (down from 1.6% in FY 2019). Analyst Estimate Surprise Post Earnings • Mar 14
Revenue beats expectations Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 14%, compared to a 12% growth forecast for the Luxury industry in the United Kingdom. Analyst Estimate Surprise Post Earnings • Nov 19
Revenue beats expectations Revenue exceeded analyst estimates by 9.4%. Over the next year, revenue is forecast to grow 6.6%, compared to a 7.0% growth forecast for the Luxury industry in the United Kingdom. Reported Earnings • Nov 19
Third quarter 2020 earnings released: €0.019 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: €106.1m (down 20% from 3Q 2019). Net loss: €964.0k (loss narrowed 14% from 3Q 2019). 