AS Silvano Fashion Group reported a decrease in key financial indicators for the first 9 months of 2025 compared to the same period in 2024. Sales revenue dropped by 4.5%, while gross profit decreased by 11%. Operating profit was down by 29%, and net profit for the period declined by 16.1%. The company’s consolidated assets increased by 8.7% as of September 30, 2025, compared to December 31, 2024.
The group’s consolidated turnover for the first 9 months of 2025 was 44,379 thousand euros, showing a 4.5% decrease from the previous year. Gross profit for the period was 24,230 thousand euros, down by 11% compared to the same period in 2024. Operating profit decreased by 29% to 10,258 thousand euros. Investments in fixed assets totaled 562 thousand euros for the first 9 months of 2025, mainly aimed at opening and renovating stores and improving production efficiency.
By September 30, 2025, AS Silvano Fashion Group had 1,643 employees, with 547 working in the retail segment. The group’s total salary expenses, including taxes, for the first 9 months of 2025 amounted to 11,648 thousand euros.
Read more at GlobeNewswire: AS Silvano Fashion Group 2025.aasta III kvartali ja 9 kuu
