Longino & Cardenal boosts profitability and cuts debt despite 2025 loss

An announcement from Longino & Cardenal SpA ( (IT:LON) ) is now available.

Longino & Cardenal reported 2025 consolidated revenue of €35.3 million, down 4.4% mainly due to the closure of its New York branch, but achieved a higher contribution margin of 25.8% and a 65.4% jump in adjusted EBITDA to €1.5 million. Performance was mixed across geographies, with strong growth in Hong Kong offset by a decline in Dubai and only partial contributions from the shuttered U.S. unit.

The group’s operating profitability and efficiency improved, with adjusted EBIT tripling to €0.9 million and net financial debt reduced to €4.9 million, more than €1.1 million lower than a year earlier. Nevertheless, Longino & Cardenal closed the year with a net loss of €0.7 million, weighed down by non-recurring costs linked to the U.S. exit and higher financial charges, while management emphasized that these strategic actions have strengthened the balance sheet and laid the groundwork for sustainable medium-term growth in the high-end restaurant segment.

The most recent analyst rating on (IT:LON) stock is a Buy with a EUR2.20 price target. To see the full list of analyst forecasts on Longino & Cardenal SpA stock, see the IT:LON Stock Forecast page.

More about Longino & Cardenal SpA

Longino & Cardenal S.p.A. is an Italian company specializing in the sourcing, selection and distribution of rare and premium foods, serving as a benchmark supplier to high-end restaurants in Italy and abroad. The group operates through international subsidiaries in markets including Hong Kong, Dubai and, until its closure in 2025, New York, with a focus on top-tier gastronomy and fine dining catering.

Average Trading Volume: 5,426

Technical Sentiment Signal: Sell

Current Market Cap: €4.69M

For detailed information about LON stock, go to TipRanks’ Stock Analysis page.