Revenues reach €520 million, with retail growth helping to offset a challenging international environment.
De Rigo closed 2025 with consolidated revenues of €520.1 million, down 3.4% at current exchange rates, but broadly stable at constant exchange rates.
The result reflects a still uncertain macroeconomic environment, marked by unfavourable currency dynamics and uneven demand across international markets. Supporting the Group’s performance was in particular the retail channel, which recorded a 2.5% increase, reaching €266.6 million.
This trend partially offset the decline in wholesale, affected by weaker currencies and slower performance in specific geographic areas, including the Americas and parts of the Middle East. The contribution of retail chains, including General Optica, Mais Optica and Boots Opticians, therefore remains central to the Group’s overall resilience.
On the profitability side, net income stood at €29.4 million, down 16.5% compared to the previous year. EBITDA also declined to €43.2 million (-4.6%), while adjusted operating income amounted to €32.4 million.
The net financial position, however, improved, rising to €57 million, reflecting solid financial management despite the challenging environment.
From a geographical perspective, Europe confirmed itself as the most dynamic area, with revenues increasing to €414.8 million, driven by key markets such as the United Kingdom, Italy and Spain. The situation remained more complex in the Americas, impacted by new trade policies, and in the rest of the world, where instability in certain strategic areas weighed on performance.
During the year, De Rigo invested approximately €20.8 million, mainly focused on strengthening the retail network, expanding the logistics centre and developing IT systems. This signals continuity in the Group’s strategy, aimed at consolidating its positioning through an increasingly integrated model between distribution and production.
Overall, 2025 highlights a phase of adjustment for the company, with a solid structure and a growing retail segment helping to balance the challenges of the global environment.
This balance confirms the Group’s ability to adapt to an evolving scenario, maintaining strong foundations for future development.
Photo courtesy of De Rigo