Italy's OVS jumps 8% on 'solid' Q3 results

OVS SpA

18/12/2025 09:27

** Shares in Italy's OVS jump as much as 8% after the group posts "solid" Q3 results late on Wednesday, according to brokerage Equita

** The clothing retailer's results provide full visibility for 2025, supporting an "at least" low-single digits upgrade to its FY adjusted EPS estimates, to be reflected after today's 1400 GMT post-results analysts call, Equita adds

** OVS' Q3 net sales excluding the contribution of its newly acquired brand Goldenpoint came in at 451.9 million euros ($530.03 million), a 4% yearly growth

** The Y/Y Q3 net sales growth including Goldenpoint rises to roughly 10%, in part also thanks to the successful development of new product lines by OVS' design teams, analysts at Banca Akros say

** Including day's gains, OVS up more than 42% YTD

($1 = 0.8526 euros)

 (Reporting by Philippe Leroy Beaulieu in Rome)

 ((Philippe.leroybeaulieu@tr.com))