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

Inventories

v3.25.4
Inventories
12 Months Ended
Dec. 31, 2025
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,

 

 

 

2025

 

 

2024

 

 

 

(EUR thousand)

 

Raw materials

 

 

138,566

 

 

 

115,603

 

Semi-finished products

 

 

50,970

 

 

 

53,462

 

Finished products

 

 

99,675

 

 

 

96,178

 

Provision for slow moving and obsolescence

 

 

(20,964

)

 

 

(20,026

)

Total inventories

 

 

268,247

 

 

 

245,217

 

 

Raw materials included advances paid to suppliers for inventories in the overall amount of EUR 37,108 thousand at December 31, 2025. At December 31, 2024, the advances paid to suppliers included within raw materials and semi-finished products totaled EUR 25,000 thousand.

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

 

 

 

2025

 

 

2024

 

 

 

(EUR thousand)

 

At January 1

 

 

20,026

 

 

 

18,142

 

Provision

 

 

9,015

 

 

 

1,910

 

Utilizations and other changes

 

 

(8,077

)

 

 

(26

)

At December 31

 

 

20,964

 

 

 

20,026