Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Cover Page

v3.25.0.1
Cover Page - shares
12 Months Ended
Dec. 31, 2024
Dec. 31, 2022
Document Information [Line Items]    
Document Type 20-F  
Amendment Flag false  
Document Period End Date Dec. 31, 2024  
Document Fiscal Year Focus 2024  
Document Fiscal Period Focus FY  
Entity Registrant Name Stevanato Group S.p.A.  
Entity Central Index Key 0001849853  
Current Fiscal Year End Date --12-31  
Entity Well-known Seasoned Issuer Yes  
Entity Current Reporting Status Yes  
Entity Common Stock, Shares Outstanding 302,842,536  
Entity Filer Category Large Accelerated Filer  
Entity Voluntary Filers No  
Entity Shell Company false  
Entity Emerging Growth Company false  
ICFR Auditor Attestation Flag true  
Document Financial Statement Error Correction [Flag] false  
Entity Interactive Data Current Yes  
Title of 12(b) Security Ordinary shares without par value  
Trading Symbol STVN  
Security Exchange Name NYSE  
Document Accounting Standard International Financial Reporting Standards  
Entity Incorporation, State or Country Code L6  
Entity File Number 001-40618  
Entity Address, Address Line One Via Molinella 17  
Entity Address, Postal Zip Code 35017  
Entity Address, City or Town Piombino Dese – Padua  
Entity Address, Country IT  
Document Annual Report true  
Document Transition Report false  
Document Shell Company Report false  
Document Registration Statement false  
Auditor Opinion [Text Block]

Opinions on the Financial Statements and Internal Control over Financial Reporting

 

We have audited the accompanying consolidated statements of financial position of Stevanato Group SpA and its subsidiaries (the “Company”) as of December 31, 2024 and 2023, and the related consolidated statements of income, of comprehensive income, of changes in equity and of cash flows for each of the two years in the period ended December 31, 2024, including the related notes (collectively referred to as the “consolidated financial statements”). We also have audited the Company's internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

 

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the two years in the period ended December 31, 2024 in conformity with International Financial Reporting Standards as issued by the International Accounting Standards Board. Also in our opinion, the Company did not maintain, in all material respects, effective internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control - Integrated Framework (2013) issued by the COSO because material weaknesses in internal control over financial reporting existed as of that date related to (i) an ineffective control environment due to the lack of sufficient experience in Company personnel in operating the Company’s system of internal controls in an effective manner; (ii) ineffective designed or maintained controls over multiple financial statements accounts and disclosures, including segregation of duties controls; (iii) ineffective designed or maintained controls over the period-end financial reporting process, including manual journal entries; (iv) controls ineffectively designed or maintained for a sufficient period of time with respect to access management and program change management IT processes, in particular with regard to user access granting and periodical validation of user authorization controls to ensure appropriate segregation of duties and minimum privilege access principle and proper and timely documentation of change approval controls.

 

A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the annual or interim financial statements will not be prevented or detected on a timely basis. The material weaknesses referred to above are described in Management's annual report on internal control over financial reporting appearing under Item 15. We considered these material weaknesses in determining the nature, timing, and extent of audit tests applied in our audit of the 2024 consolidated financial statements, and our opinion regarding the effectiveness of the Company’s internal control over financial reporting does not affect our opinion on those consolidated financial statements.

 
Auditor Firm ID 30 1521
Auditor Name PricewaterhouseCoopers SpA EY S.p.A
Auditor Location Treviso, Italy Treviso, Italy
Business Contact    
Document Information [Line Items]    
Entity Address, Address Line One Via Molinella 17  
Entity Address, Postal Zip Code 35017  
Entity Address, City or Town Piombino Dese - Padua  
Entity Address, Country IT  
Contact Personnel Name Franco Stevanato  
City Area Code +39  
Local Phone Number 049 931811