Green Oleo Feels Margin Squeeze in 2025 but Rides Personal Care Growth

An update from Green Oleo S.P.A. ( (IT:GRN) ) is now available.

Green Oleo reported 2025 revenue of €69.7 million, slightly down from €71.0 million in 2024, as a 7% drop in volumes was partially offset by strong expansion in personal care, where sales jumped 49% and olive-based inputs made up half of volumes. Production reached 45,000 tonnes, with mixed performance across esters, fatty acids and glycerines, while the company pursued a strategy of building finished-goods inventories to respond quickly to spot demand in an uncertain market.

Profitability weakened as EBITDA fell to €1.1 million from €3.0 million and the company swung to a net loss of €2.8 million versus a €1.0 million loss a year earlier, pressured by higher raw material costs that could not be fully passed through and by elevated European energy prices. Management highlighted sector-wide headwinds from weak demand, US tariff uncertainty and delayed implementation of the EU deforestation regulation, but said that a growing focus on personal care, specialty products and downstream cosmetics integration should support a recovery in volumes and margins from 2026 onward.

The most recent analyst rating on (IT:GRN) stock is a Buy with a EUR1.25 price target. To see the full list of analyst forecasts on Green Oleo S.P.A. stock, see the IT:GRN Stock Forecast page.

More about Green Oleo S.P.A.

Green Oleo S.p.A. SB, listed on Euronext Growth Milan, is one of Europe’s leading producers of fine oleochemicals made from renewable and biodegradable feedstocks. The company focuses on higher value-added applications, particularly in personal care and downstream integration into the cosmetics supply chain, leveraging short supply chains, R&D and sustainability-focused innovation.

Average Trading Volume: 11,384

Technical Sentiment Signal: Sell

Current Market Cap: €21.03M

Learn more about GRN stock on TipRanks’ Stock Analysis page.