Valentino 2025 sales, core profit slide as debt edges higher

Kering SA

Tue 09:02

    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 rose to €1.13 billion at the end of 2025 from €1.08 billion a year earlier, it added. 
Valentino is controlled by Qatar-backed Mayhoola, which owns 70% of the company, while French luxury group Kering PRTP.PA holds the remaining 30%. 
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)
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