Valentino Sees 2025 Sales and Earnings Slide as Net Debt Increases
Valentino's 2025 Financial Performance Overview
Sales and Earnings Decline
MILAN, June 23 (Reuters) - Italian luxury group Valentino reported lower sales and earnings in 2025 from the previous year, while its net debt increased, a company filing showed on Tuesday.
Revenue fell 15% to €1.12 billion, while earnings before interest, taxes, depreciation and amortisation (EBITDA) dropped 41% to €174 million, the filing said.
Net Debt Situation
Net debt rose to €1.13 billion at the end of 2025 from €1.08 billion a year earlier, it added.
Ownership Structure and Capital Injection
Shareholder Breakdown
Valentino is controlled by Qatar-backed Mayhoola, which owns 70% of the company, while French luxury group Kering holds the remaining 30%.
Financial Challenges and Support
Luxury Demand Slowdown
The fashion house has been facing a slowdown in luxury demand and in November received a €100 million capital injection from Kering and Mayhoola to shore up its finances after it breached loan covenants earlier in the year.
(Reporting by Elisa Anzolin. Writing by Cristina Carlevaro. Editing by Giulia Segreti and Mark Potter)
