Elica Grows Despite Tough Market

Elica reported €349.5M in revenue for the first nine months of 2025, up 2.3%. Q3 saw a 5.1% boost, driven by new Cooking products in EMEA and Engines growth in Europe.

Margins dipped, with EBITDA at €21.9M and net loss at €3.3M. CEO Giulio Cocci cited strong price pressure but emphasized strategic investments and expanded distribution.

Full-year revenue is expected to reach €455M–€460M. Recent moves include expansion in Germany and the Netherlands, the Steel acquisition, and AriaChef’s award-winning debut in Japan.

Elica net profit falls

Elica  closed 2024 with a group net result of 9.4 million euros (11.3 million in 2023), revenues of 452.1 million (down 4.5% on the previous year), an Ebidta of 31.4 million (7% of revenues) and an Ebit of 8.1 million euros. This was announced in a press release from the group, after the board of directors approved the financial statements for the 2024 financial year. The net financial position at 31 December 2024 was -46.8 million euros, down 13.2% compared to 2023