OVS S.P.A.

OVS has presented a binding offer to acquire household goods retailer Kasanova in full. The acquisition is expected to cost OVS around €15 million; creditors are to write off claims of about €40 million, effectively reducing Kasanova’s debt to nearly zero. Kasanova reported sales of roughly €370 million in 2022; OVS expects just under €300 million in sales and a slightly positive EBITDA for 2025. Closing is planned by the end of 2025 and depends on creditor approval, a successful negotiation process and the write-down of share capital. Analysts note the transaction offers fewer synergies compared with OVS’s earlier acquisitions. » More on de.investing.com

OVS reports Q2 2025 revenue of €439 million, net profit up nearly 32% and EBITDA rising 14%. Gross margin was 60% despite inflation and the beauty segment doubled its revenue share to 8%. Total revenue grew 4.1% (organic 2.2%); the company expanded internationally with corner spaces in Japan and Mexico and introduced new product lines. OVS forecasts mid-single-digit revenue growth over the medium term, expects free cash flow of €70 million, plans investments of €70–75 million, and is evaluating a potential M&A transaction with Casanova. » More on de.investing.com

OVS reports a net profit of €45.6 million for the first half of 2025 (+31.7%) on revenue of €792.9 million (+4.1%). Gross margin rose by 100 basis points to 60.7% and EBITDA increased 14.3% to €101.7 million. EBIT, pre-tax profit and core brands showed improvements, while Upim stagnated; consolidation of Goldenpoint had a positive impact. Net debt stood at €293.6 million (leverage 1.41x), capex amounted to €43.6 million; management reports strong momentum in August/September and is focusing on store modernization and digital initiatives. » More on de.investing.com