Clothing

The OVS Group has ended the half-year with sales rising to over 877 million

CEO Beraldo: “All the group’s brands are performing well.”

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

The OVS Group has ended the half-year with sales rising to over 877 million, up more than 10 per cent compared with the same period in 2025, and a positive EBITDA.

At consolidated level, net sales totalled 877.4 million euros (an increase of 10.7 per cent) and adjusted EBITDA stood at 114.3 million (+12.3 per cent). The cash flow position for the first half of the year showed an improvement of 15.3 million. Adjusted net financial debt thus fell to 240.1 million, down 53.6 million from the 293.6 million recorded on 31 July 2025.

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“All our brands grew in the first half of the year, thanks mainly to an increase in like-for-like sales. Indeed, the group continues to outperform the clothing market, which grew by 1.5 per cent over the period,” says Chief Executive Stefano Beraldo. “This trend,” he adds, “confirms the validity of our positioning, which is based on quality, stylistic innovation and sustainability.”

OVS has continued to work on developing and enhancing its brand portfolio, whilst Upim has continued its growth trajectory, partly through new store openings in city centre locations. Both brands have seen a 6.1 per cent increase in sales.

Stefanel also performed well, as did Goldenpoint, which joined the group in July 2025 and closed the first half of 2026 with sales growth of over 10 per cent compared with the same period in 2025. Goldenpoint’s EBITDA alone has therefore returned to positive territory, following a loss of several million recorded in the same period of 2025.

According to the company’s forecasts, the outlook for the second half of the financial year is favourable, driven primarily by the positive reception of the autumn collections. Profit margins, again according to the company, are set to benefit from the euro’s appreciation against the dollar. The forecast for cash generation for the full 2026 financial year is therefore confirmed, with a further improvement on the 90 million recorded in the 2025 financial year.

In terms of distribution channels, sales from company-owned stores totalled 716.9 million (+11.0 per cent compared with the first half of 2025, corresponding to growth of +5.9 per cent excluding Goldenpoint), whilst the franchising and B2B channel recorded revenue of 160.5 million (+9% compared with the first half of 2025).

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