OVS S.p.A.0R5R
Mentioned
Impact on assets 2
Consumer Discretionary
OVS S.p.A.Consumer Staples
Inter Parfums IncIPAR
Mentioned
OVS H1 2026 Net Sales Rise 11% to Nearly EUR900 Million as Goldenpoint Turns Profitable
3▲0 ▼0Impact / 5
OVS SpA reported first-half 2026 net sales up 11% to close to EUR900 million, with 3% like-for-like growth in OVS and Upim, 3% organic growth excluding Goldenpoint, and the full-semester consolidation of Goldenpoint. EBITDA rose EUR12.5 million to 13% of revenues, and excluding Goldenpoint it grew EUR17 million to 13.8% of revenues, while Goldenpoint itself turned EBITDA positive at EUR200,000 versus a negative EUR4.2 million in H1 2025, with a full-year projection of EUR3-4 million. The OVS brand posted a 15.1% EBITDA margin, among the best in the industry, and Upim's margin approached 12%, up from around 10% a couple of years ago. Net debt was reduced by EUR54 million versus last year despite increased shareholder returns through dividends and buyback, leaving leverage at 1.0-1.1x EBITDA, and cash generation improved by EUR15 million. The company expects further improvement in results in H2 2026 compared to 2025, with operating costs under control, though current trading is flattish after a warmer-than-expected September.
OVS S.p.A.Inter Parfums Inc