Cover Page - shares |
12 Months Ended | |
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Dec. 31, 2024 |
Dec. 31, 2022 |
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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. |
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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 |
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