TIP Reports Strong Growth in Net Income for Q1 2025, Surpassing Seasonal Challenges

Reuters
2025.05.16 09:31
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TIP - Tamburi Investment Partners S.p.A. reported a 1% increase in consolidated income for Q1 2025, attributed to strong sales in directly operated shops and a growing order book. Sesa, a key investment, reported revenues of 2.393 billion euros and an EBITDA of 171.4 million euros. Despite ongoing investments, Sesa maintains a net financial surplus exceeding 100 million euros. The diversified sectors of TIP's investee companies have shown positive results, mitigating seasonal challenges and reflecting a stable financial position overall.

TIP - Tamburi Investment Partners S.p.A. has released its quarterly consolidated financial report as of 31 March 2025. The report indicates a 1% increase in consolidated income at constant exchange rates compared to the same period last year. This growth is attributed to robust sales performance in directly operated shops and an increase in the order book. Sesa, one of TIP's equity investments, concluded the first nine months of the 2024/25 financial year in January with revenues and other income totaling 2.393 billion euros, reflecting a slight increase compared to the same period the previous year. The company achieved an EBITDA of 171.4 million euros. Despite further investments in mergers and acquisitions, working capital, and capital expenditures to support growth, Sesa maintains a net financial position with a surplus exceeding 100 million euros. The diversified sectors of TIP's investee companies have shown positive results, counterbalancing the seasonality and slowdown experienced in certain sectors. This performance follows the already excellent results achieved in 2024. Overall, TIP's business operations continue to reflect a stable and slightly improved financial position.