Neodecortech S.p.A. reported a strong start to 2026, with the Board of Directors approving the consolidated financial report as of 31 March 2026. The Group confirmed solid revenue growth, a sharp improvement in margins and profitability, and a stronger financial position, supported by cash generation and the ongoing integration of Lamitex S.r.l.
In the first quarter of 2026, net revenue reached €47.1 million, up 8.0% compared with €43.6 million at 31 March 2025. On a pro forma basis including Lamitex, revenue remained in line with the previous year.
Profitability improved significantly. EBITDA rose to €9.1 million, up 126.1% year-on-year, with the EBITDA margin increasing to 19.3% from 9.2% in Q1 2025. EBIT reached €7.0 million, up 361.0%, with the EBIT margin rising to 14.9%. Consolidated net profit amounted to €5.6 million, compared with €0.8 million in the same period of 2025, reflecting profitability of 11.8%.
Neodecortech also strengthened its financial profile. Net financial debt decreased to €29.0 million, down 6.3% versus 31 December 2025 and 13.3% compared with 31 March 2025. Adjusted net financial debt, excluding the impact of the Lamitex acquisition, stood at €18.8 million, down 43.8% year-on-year.
According to CEO Luigi Cologni, the results confirm the resilience of Neodecortech’s integrated industrial model and the effectiveness of its strategy focused on higher-margin products. The integration of Lamitex is progressing in line with expectations and is expected to further strengthen the Group’s competitive positioning. Geographic diversification and exposure to different market segments are also supporting Neodecortech’s ability to respond to market volatility and capture new opportunities.
