PIAGGIO & C. S.P.A. financials
PIAGGIO & C. S.P.A.
Country: IT Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
8156000256C2431C2E92 Financial statements
(EUR, as reported — unscaled; 113 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | €1.50B | €1.70B |
| Other income | €158.5M | €179.7M |
| Employee benefits expense | €235.3M | €252.6M |
| Raw materials & consumables used | €918.2M | €1.06B |
| Operating profit (EBIT) | €101.2M | €147.7M |
| Finance costs | €48.5M | €50.4M |
| Profit before tax | €51.6M | €97.4M |
| Income tax expense | €17.5M | €30.1M |
| Profit for the year | €34.0M | €67.2M |
| — attributable to owners | €34.0M | €67.2M |
| — attributable to NCI | €0 | €0 |
| Total comprehensive income | €8.7M | €72.5M |
| Per share | ||
| Basic EPS | €0.10 | €0.19 |
| Diluted EPS | €0.10 | €0.19 |
| Free cash flow / share | €0.20 | €0.21 |
| Cash flow statement | ||
| Cash generated from operations | €209.4M | €218.4M |
| Net cash from operating activities | €132.5M | €144.1M |
| Income taxes paid | €34.8M | €32.0M |
| Net cash from investing activities | -€127.8M | -€166.0M |
| Purchase of PP&E (capex) | €60.1M | €68.1M |
| Purchase of intangibles | €80.5M | €114.6M |
| Net cash from financing activities | -€17.5M | -€11.8M |
| Dividends paid | €28.2M | €69.1M |
| Proceeds from borrowings | €106.0M | €144.0M |
| Repayments of borrowings | €81.5M | €80.2M |
| Lease liability payments | €11.5M | €11.3M |
| Net change in cash | -€12.8M | -€33.7M |
| Balance sheet | ||
| Total assets | €1.73B | €1.89B |
| Non-current assets | €1.21B | €1.24B |
| Property, plant & equipment | €294.5M | €304.5M |
| Right-of-use assets | €25.9M | €33.7M |
| Intangible assets & goodwill | €779.4M | €793.6M |
| Current assets | €525.5M | €654.4M |
| Inventories | €274.0M | €323.7M |
| Trade & other receivables | €74.7M | €72.1M |
| Cash & equivalents | €121.1M | €149.7M |
| Total equity | €396.3M | €418.2M |
| — attributable to owners | €396.5M | €418.3M |
| Non-controlling interests | -€146.0K | -€146.0K |
| Non-current liabilities | €586.8M | €607.6M |
| Lease liabilities (non-current) | €11.1M | €16.6M |
| Current liabilities | €749.8M | €866.1M |
| Lease liabilities (current) | €7.8M | €10.0M |
| Deferred tax liabilities | €5.5M | €6.7M |
| Derived metrics | ||
| Free cash flow | €72.4M | €75.9M |
| Operating margin | 6.7% | 8.7% |
| Net margin | 2.3% | 4.0% |
| Return on equity | 8.6% | 16.1% |
| Cash conversion ratio | 3.90× | 2.14× |
| Capex coverage | 2.20× | 2.11× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | €49.7M | €4.3M |
| Adjustments For Decrease Increase In Other Operating Receivables | €50.2M | -€5.4M |
| Adjustments For Decrease Increase In Trade Account Receivable | -€2.8M | -€14.2M |
| Adjustments For Dividend Income | €23.0K | €34.0K |
| Adjustments For Finance Costs | €48.5M | €50.4M |
| Adjustments For Finance Income | €1.2M | €2.7M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €1.9M | €3.1M |
| Adjustments For Income Tax Expense | €17.5M | €30.1M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -€10.9M | -€10.4M |
| Adjustments For Increase Decrease In Other Operating Payables | -€49.8M | €10.1M |
| Adjustments For Increase Decrease In Trade Account Payable | -€95.7M | -€47.9M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -€1.2M | -€813.0K |
| Adjustments For Provisions | €17.2M | €21.3M |
| Adjustments For Undistributed Profits of Associates | -€2.0M | -€1.6M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | €120.7M | €148.3M |
| Comprehensive Income Attributable To Noncontrolling Interests | €0 | €29.0K |
| Comprehensive Income Attributable To Owners of Parent | €8.7M | €72.5M |
| Current Financial Liabilities | €165.6M | €133.5M |
| Current Provisions | €12.4M | €15.6M |
| Current Tax Assets Current | €17.1M | €21.2M |
| Current Tax Assets Noncurrent | €9.6M | €6.4M |
| Current Tax Liabilities Current | €13.6M | €13.2M |
| Current Tax Liabilities Noncurrent | — | €0 |
| Deferred Tax Assets | €75.5M | €71.4M |
| Depreciation Rightofuse Assets | €10.1M | €10.2M |
| Dividends Received Classified As Investing Activities | — | €34.0K |
| Dividends Recognised As Distributions To Owners of Parent Relating To Current Year | €14.1M | €40.7M |
| Dividends Recognised As Distributions To Owners of Parent Relating To Prior Years | €14.1M | €28.3M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€14.7M | €2.8M |
| Equity and Liabilities | €1.73B | €1.89B |
| Finance Income | €1.2M | €2.7M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | -€254.0K | -€1.1M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade Receivables | €1.9M | €3.1M |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Interest Paid Classified As Operating Activities | €42.2M | €42.3M |
| Interest Received Classified As Investing Activities | €1.2M | €2.1M |
| Investment Accounted For Using Equity Method | €4.5M | €7.1M |
| Noncurrent Financial Liabilities | €514.3M | €523.5M |
| Noncurrent Payables | — | €0 |
| Noncurrent Provisions For Employee Benefits | €23.6M | €24.8M |
| Other Adjustments To Reconcile Profit Loss | €18.6M | -€6.5M |
| Other Comprehensive Income | -€25.3M | €5.3M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | -€6.1M | €3.5M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -€18.4M | €2.2M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -€228.0K | -€664.0K |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€25.1M | €6.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -€228.0K | -€664.0K |
| Other Current Payables | €75.0M | €122.7M |
| Other Current Receivables | €38.5M | €87.7M |
| Other Expense By Nature | €16.9M | €21.9M |
| Other Longterm Provisions | €17.3M | €18.8M |
| Other Noncurrent Financial Assets | €16.0K | €16.0K |
| Other Noncurrent Payables | €15.0M | €17.1M |
| Other Noncurrent Receivables | €18.1M | €20.7M |
| Payments To Acquire Or Redeem Entitys Shares | €2.3M | €1.3M |
| Proceeds From Government Grants Classified As Investing Activities | €8.8M | €12.4M |
| Proceeds From Sales of Intangible Assets Classified As Investing Activities | €472.0K | €43.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €2.3M | €2.1M |
| Purchase of Treasury Shares | €2.3M | €1.3M |
| Services Expense | €237.4M | €256.7M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -€554.0K | €270.0K |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -€2.0M | -€1.6M |
| Trade and Other Current Payables To Trade Suppliers | €475.5M | €571.1M |
Methodology
Every line item above is a fact tagged in PIAGGIO & C. S.P.A.'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.