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

Inventories

v3.25.0.1
Inventories
12 Months Ended
Dec. 31, 2024
Classes of current inventories [abstract]  
Inventories

20. Inventories

Inventories, shown net of an allowance for obsolete and slow-moving goods, can be analyzed as follows:

 

 

 

At December 31,

 

 

At December 31,

 

 

 

2024

 

 

2023

 

 

 

(EUR thousand)

 

Raw materials

 

 

115,603

 

 

 

122,083

 

Semi-finished products

 

 

53,462

 

 

 

38,347

 

Finished products

 

 

96,178

 

 

 

113,033

 

Provision for slow moving and obsolescence

 

 

(20,026

)

 

 

(18,142

)

Total inventories

 

 

245,217

 

 

 

255,321

 

Raw material and semi-finished products included advances paid to suppliers for inventories in the overall amount of EUR 25,000 thousand at December 31, 2024. At December 31, 2023, the advances paid to suppliers included in raw materials amounted to EUR 23,008 thousand.

Changes in the provision for slow moving and obsolete inventories are as follows:

 

 

 

2024

 

 

2023

 

 

 

(EUR thousand)

 

At January 1

 

 

18,142

 

 

 

16,194

 

Provision

 

 

1,910

 

 

 

3,353

 

Utilizations and other changes

 

 

(26

)

 

 

(1,405

)

At December 31

 

 

20,026

 

 

 

18,142