Italy · Delayed Price · Currency is EUR REVO Insurance Earnings Call Transcripts
Fiscal Year 2025
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2025 saw strong premium and profit growth, driven by tech investments, product innovation, and expanded distribution. Key ratios remain solid, with a robust solvency position and rising dividends. Guidance for 2026 targets further growth and improved efficiency.
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Strong H1 2025 results with premiums up 31% year-over-year, combined ratio at 83.2%, and adjusted net profit of €15 million. Operational efficiency, product innovation, and prudent risk management underpin growth, with guidance for 2025 confirmed.
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A new business plan targets over €550 million in premiums by 2028, driven by AI-powered operational transformation, modular product innovation, and expanded distribution in Italy and Spain. Focus remains on technical excellence, sustainability, and service-led competition, with strong financial and capital targets.
Fiscal Year 2024
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Premiums grew 42.8% to €308.8M in 2024, with adjusted net profit up 75% to €22.6M and a dividend increase to €0.22 per share. 2025 guidance targets over €360M in premiums and at least €40M in operating profit, with further margin improvements expected.
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Gross written premiums surged 52.5% to €153 million and net income rose 50% to €9.4 million in H1 2024, driven by strong execution, product innovation, and operational efficiency. Solvency and combined ratios remain robust, with further improvements expected as AI and diversification strategies advance.