Nusco Approves 2025 Accounts as Market Normalises and Debt Rises

Nusco SpA ( (IT:NUS) ) has shared an update.

Nusco’s shareholders approved the 2025 separate financial statements, which showed net revenues of €24.5 million, down 20.4% as residential renovation demand weakened following reduced tax incentives. The company nevertheless improved industrial profitability by cutting the incidence of direct material costs, while higher personnel and marketing expenses reflected the internalisation of activities and efforts to defend market share, leading to EBITDA of €2.0 million and a parent-company net loss of €274,000, with net financial debt rising to €10.4 million.

At group level, consolidated revenues fell 5.1% to €48.7 million in a normalising market, but Nusco increased material profit and contribution margin through efficiency gains, cost rationalisation and internalisation of production phases, posting EBITDA of €4.2 million and a reduced net profit of €713,000. The meeting decided to carry forward the 2025 loss, took note of consolidated results that underscore operational resilience despite weaker demand, confirmed RSM as auditor for 2026–2028, and acknowledged a sharp increase in consolidated net financial debt to €18.2 million, highlighting a more leveraged balance sheet as the group continues to invest and manage higher working capital needs.

More about Nusco SpA

Nusco S.p.A., based in Nola and listed on Euronext Growth Milan, operates in the building materials sector, producing and selling interior doors and wooden, PVC, aluminium and iron window frames under the “NUSCO” brand. The company is focused on the residential market, with a particular exposure to the renovation segment in Italy, where tax incentives have historically supported demand.

Average Trading Volume: 90,295

Technical Sentiment Signal: Sell

Current Market Cap: €16.97M

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