Esprinet Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw 11% sales growth and a 44% rise in adjusted EBITDA, with strong gains in Green Tech and IT resellers, and improved margins. Guidance for 2026 targets EUR 71–77 million EBITDA, with ongoing focus on working capital and cost control.
Fiscal Year 2025
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FY25 delivered 5% sales growth, strong Iberian performance, and stable EBITDA, with a strategic focus on value-added segments and sustainability. Leadership transitions smoothly to Giovanni Testa, and 2026 guidance will be provided in May.
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Q3 2025 saw solid growth in revenue, gross profit, and EBITDA, with strong performance in Spain and green tech, while Italy remained flat. Net debt was reduced by EUR 60 million, and guidance for full-year EBITDA adjusted is reaffirmed at the upper end of EUR 63–71 million.
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Q2 2025 saw strong revenue and margin growth, offsetting a weak Q1 and driving H1 profitability. High-margin segments like solutions, services, and green tech led performance, with guidance focused on the upper end of the EBITDA range amid ongoing cost optimization and market resilience.
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Q1 2025 delivered strong sales and gross profit growth, led by V-Valley and Zeliatech, but margins were pressured by inflation and higher costs. Guidance for 2025 is cautious, focusing on cost and working capital optimization amid ongoing market unpredictability.
Fiscal Year 2024
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Strong FY2024 results with 8% EBITDA growth and 6% sales increase, driven by digital, infrastructure, and green tech segments. Outlook for 2025 is positive, with focus on PC refresh, AI, and working capital optimization. Dividend reinstated at €0.40 per share.
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Q3 2024 delivered strong sales growth and market outperformance, especially in Solutions and Services, despite margin pressure in Devices. Guidance for full-year adjusted EBITDA is EUR 66–71 million, with robust Q4 momentum and positive long-term outlook.
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Q2 2024 saw a return to growth with 9% higher adjusted EBITDA, improved cash cycle, and market share gains, especially in solutions and services. Outlook remains positive, with guidance maintained and long-term growth expected from digital transformation and AI trends.