Consolidated pre-closing results as of June 30, 2025

SECO S.p.A releases its consolidated pre-closing results as of June 30, 2025. These are management account figures not subject to audit procedures.

Massimo Mauri, CEO of SECO, commented:

"We continue to experience a healthy shift in market conditions, with encouraging signs from key indicators such as order intake and book-to-bill ratio, as well as client feedback. We have once again exceeded our guidance this quarter, having now posted high single-digit revenue growth for two consecutive quarters in a row. As we look ahead, our end-to-end solutions puts us at the core of our clients’ strategy, thus accelerating our leadership as a key partner in the adoption of transformative technologies across the industrial sector”.

  • Q2 guidance exceeded, beating both expectations of €50M Revenues and Gross margin >50%
    • Net sales of c. €51M in 2Q25, +8% vs 1Q25
    • Gross margin @ c.54% of Net sales
  • Overall for 1H25, Net sales of c. €98M, +3% vs. 1H24 and Gross margin @ c. 53.5% of Net sales
    • c. €12M from Clea business in 1H25 (12% of Net sales), of which €4.3M recurrent revenues (36% of Clea sales)