Zucchi FY24 swings to EUR 16.1 million net loss; revenue falls 25.1% to EUR 97.6 million

Reuters2026/07/31 17:47

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Vincenzo Zucchi posted a 2024 net loss of EUR 16.1 million, swinging from profit, as sales fell 25.1% to EUR 97.6 million.
EBIT turned to a loss of EUR 13.1 million, while adjusted EBITDA (non-IFRS) dropped 37.3% to EUR 13.9 million.
Net financial debt edged down 2.6% to EUR 39.7 million, while commercial net working capital narrowed to EUR 7.7 million.
The group cited weaker demand amid the international crisis, mainly tied to the end of a Descamps contract with a mass-retail customer.
It sought a waiver from illimity Bank covering 2026-27 repayments and covenants, while a new EUR 12 million factoring line supported liquidity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vincenzo Zucchi S.p.A published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Zucchi FY24 swings to EUR 16.1 million net loss; revenue falls 25.1% to EUR 97.6 million

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