The Board of Directors of SECO S.p.A. (“SECO” or the “Company”) met today and approved the consolidated results for the first nine months of 2025.
- 9M25 Net sales: €146.4M vs. €139.4M in 9M24 (+5% YoY)
- Clea revenues: €16.6M (11% of Net sales)
- Gross margin: €78.8M (54% of Net sales) vs. €72.7M (52% of Net sales) in 9M24
- Adjusted EBITDA: €30.8M (21% of Net sales) vs. €20.4M (15% of Net sales) in 9M24
- Adjusted Net income: €11.4M (8% of Net sales) vs. €1.6M (1% of Net sales) in 9M24
- Adjusted Net financial debt as of September 30th: €51.2M vs. €41.3M as of 31st December 2024
- FY25 guidance confirmed: revenues of €200M+ at constant FX and Gross profit margin above 50%
- 3Q25 Adjusted EBITDA more than doubled YoY: €10.7M (22% of Net sales) vs. €4.6M (11% of Net sales) in 3Q24
Our CEO Massimo Mauri commented:
“In the third quarter, we recorded an acceleration in growth compared to the same period last year, delivering solid results both in terms of profitability and cash generation. The continuous refinement of our operations, combined with the quality of our order backlog, allows us to confirm the targets previously communicated to the market. Over the past years, we have transformed SECO into a true Solution Company, building an integrated ecosystem of hardware, the Clea software framework, and Artificial Intelligence algorithms, with the goal of making Edge AI simple, scalable, and accessible. It is this long-term industrial vision that represents the key to creating sustainable value for all our stakeholders”.
The SECO team invites you to attend the conference call today at 2.30pm CET (you may register here).