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OVS Posts Double-Digit Profit and Cash Growth, Drops Kasanova Deal

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OVS Posts Double-Digit Profit and Cash Growth, Drops Kasanova Deal

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OVS S.p.A. ( (IT:OVS) ) has issued an announcement.

OVS reported another year of solid growth for the 2025 financial year, with preliminary figures indicating a 7% rise in sales (around 3% excluding Goldenpoint), supported by like-for-like growth across all banners and strong contributions from womenswear, beauty, and the Goldenpoint business, which saw sales increase about 10% over the comparable period. EBITDA is expected to reach between €216 million and €218 million, up roughly 11% with an improved margin despite cost inflation, while cash generation rose by more than 20% aided by strong working-capital performance; the company highlighted excellent early results from its first directly operated store in India and anticipates further benefits from ongoing product and digital innovation projects and a weaker US dollar, even as it allowed its binding offer to acquire homeware retailer Kasanova to lapse after deal conditions were not met.

The most recent analyst rating on (IT:OVS) stock is a Buy with a EUR5.50 price target. To see the full list of analyst forecasts on OVS S.p.A. stock, see the IT:OVS Stock Forecast page.

More about OVS S.p.A.

OVS S.p.A. is an Italian apparel retailer headquartered in Venezia Mestre, operating multiple banners with a focus on womenswear, beauty and other clothing segments. The company is expanding internationally, including directly operated stores such as its recently opened location in a major shopping mall in New Delhi, and has broadened its scope through acquisitions like Goldenpoint, active in the hosiery and underwear segment.

Average Trading Volume: 490,302

Technical Sentiment Signal: Buy

Current Market Cap: €1.23B

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

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