ENAV SPA financials
ENAV SPA
Country: IT Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
81560048ECF8D2059980 ISIN: IT0005176406 Financial statements
(EUR, as reported — unscaled; 105 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Operating expenses | €772.0M | €725.8M |
| Employee benefits expense | €632.6M | €592.4M |
| Raw materials & consumables used | €9.6M | €12.2M |
| Depreciation & amortisation | €125.7M | €131.8M |
| Operating profit (EBIT) | €140.7M | €187.2M |
| Net finance income / (cost) | -€8.1M | -€8.3M |
| Finance costs | €22.2M | €25.5M |
| Profit before tax | €132.6M | €178.9M |
| Income tax expense | €39.5M | €53.2M |
| Profit for the year | €93.1M | €125.7M |
| — attributable to owners | €93.1M | €125.8M |
| — attributable to NCI | €69.3K | -€114.1K |
| Total comprehensive income | €90.4M | €134.1M |
| Per share | ||
| Basic EPS | €0.17 | €0.23 |
| Diluted EPS | €0.17 | €0.23 |
| Free cash flow / share | €0.47 | €0.32 |
| Cash flow statement | ||
| Net cash from operating activities | €340.6M | €277.9M |
| Net cash from investing activities | -€77.0M | -€78.8M |
| Purchase of PP&E (capex) | €85.0M | €104.0M |
| Purchase of intangibles | €28.1M | €15.1M |
| Net cash from financing activities | -€172.8M | -€62.8M |
| Dividends paid | €146.2M | €124.5M |
| Net change in cash | €90.9M | €136.3M |
| Balance sheet | ||
| Total assets | €2.32B | €2.37B |
| Non-current assets | €1.27B | €1.47B |
| Property, plant & equipment | €805.7M | €810.4M |
| Intangible assets & goodwill | €190.7M | €189.5M |
| Current assets | €1.04B | €894.3M |
| Inventories | €59.8M | €60.5M |
| Trade & other receivables | €260.9M | €232.5M |
| Cash & equivalents | €447.7M | €356.8M |
| Total equity | €1.17B | €1.23B |
| — attributable to owners | €1.17B | €1.23B |
| Non-controlling interests | €1.1M | €1.0M |
| Non-current liabilities | €379.3M | €774.0M |
| Current liabilities | €768.3M | €363.6M |
| Deferred tax liabilities | €39.7K | €410.1K |
| Derived metrics | ||
| Free cash flow | €255.6M | €173.9M |
| Operating margin | 14.3% | 18.7% |
| Net margin | 9.5% | 12.6% |
| Return on equity | 8.0% | 10.2% |
| Cash conversion ratio | 3.66× | 2.21× |
| Capex coverage | 4.01× | 2.67× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | €1.2M | €2.7M |
| Adjustments For Decrease Increase In Trade Account Receivable | -€28.7M | -€14.3M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €125.7M | €131.8M |
| Adjustments For Income Tax Expense | -€52.7M | -€56.5M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -€4.6M | -€3.8M |
| Adjustments For Increase Decrease In Trade Account Payable | -€19.6M | -€30.3M |
| Adjustments For Provisions | €203.0K | €1.6M |
| Adjustments For Sharebased Payments | €1.9M | €954.0K |
| Adjustments For Unrealised Foreign Exchange Losses Gains | €338.0K | €165.0K |
| Cash and Cash Equivalents If Different From Statement of Financial Position | €451.9M | €361.3M |
| Comprehensive Income Attributable To Noncontrolling Interests | €69.3K | €114.1K |
| Comprehensive Income Attributable To Owners of Parent | €90.3M | €134.2M |
| Current Financial Liabilities | €382.4M | €22.0M |
| Current Provisions | €3.1M | €9.5M |
| Current Tax Assets Current | €16.4M | €658.0K |
| Current Tax Liabilities Current | €792.0K | €228.5K |
| Deferred Tax Assets | €23.0M | €27.6M |
| Dividends Recognised As Distributions To Owners of Parent | €146.2M | €124.5M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | €306.0K | €158.0K |
| Equity and Liabilities | €2.32B | €2.37B |
| Finance Income | €15.3M | €16.8M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | -€1.2M | €369.9K |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade Receivables | €2.5M | €2.5M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | €1.2M | €1.0M |
| Income Taxes Paid Refund Classified As Operating Activities | -€51.2M | -€55.5M |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Increase Decrease Through Sharebased Payment Transactions | €355.5K | -€117.5K |
| Increase Decrease Through Treasury Share Transactions | -€5.0M | €1.1M |
| Interest Paid Classified As Operating Activities | €19.0M | €23.3M |
| Issued Capital | €541.7M | €541.7M |
| Liabilities | €1.15B | €1.14B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | €14.2K | €22.6K |
| Miscellaneous Other Operating Expense | €4.2M | €3.6M |
| Miscellaneous Other Operating Income | €58.4M | €49.1M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €4.3M | €4.5M |
| Noncurrent Financial Assets | €343.8K | €343.8K |
| Noncurrent Financial Liabilities | €196.8M | €567.7M |
| Noncurrent Investments In Equity Instruments Designated At Fair Value Through Other Comprehensive Income | €53.7M | €54.7M |
| Noncurrent Payables To Trade Suppliers | €470.9K | €216.3K |
| Noncurrent Provisions For Employee Benefits | €32.4M | €36.4M |
| Noncurrent Trade Receivables | €272.7K | €0 |
| Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments | €5.8M | €5.1M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €535.5K | €371.8K |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -€7.9M | €4.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€7.9M | €4.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €5.1M | €4.4M |
| Other Current Assets | €38.1M | €20.3M |
| Other Current Liabilities | €203.5M | €180.4M |
| Other Longterm Provisions | €2.7M | €1.5M |
| Other Noncurrent Assets | €59.6K | €49.5K |
| Other Noncurrent Liabilities | €137.3M | €138.0M |
| Other Work Performed By Entity and Capitalised | €34.7M | €28.5M |
| Payments To Acquire Or Redeem Entitys Shares | €6.5M | €0 |
| Proceeds From Noncurrent Borrowings | €0 | €80.0M |
| Rental Expense | €1.7M | €1.7M |
| Repayments of Noncurrent Borrowings | €19.0M | €18.9M |
| Retained Earnings Excluding Profit Loss For Reporting Period | €47.0M | €66.0M |
| Retained Earnings Profit Loss For Reporting Period | €93.1M | €125.8M |
| Revenue and Operating Income | €1.04B | €1.05B |
| Revenue From Contracts With Customers | €982.7M | €999.8M |
| Services Expense | €158.5M | €144.4M |
| Trade and Other Current Payables To Trade Suppliers | €145.7M | €129.6M |
Methodology
Every line item above is a fact tagged in ENAV SPA's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.