Industrie De Nora S.p.A.

ESEF

Annual consolidated revenue for 2025: about EUR 875M, using the latest reported figures. The previous period, 2024, was about EUR 862.6M.

Watchlist

Latest fiscal year

Revenue

875 million EUR

2025 · EUR

Exact inputs and evidence

Operating margin

14.72%

2025 · %

Exact inputs and evidence
  • Operating Income: 128822000 EUR Source
  • Revenue: 874957000 EUR Source

Operating cash flow

118 million EUR

2025 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 117506000 EUR Source

Free cash flow

51.4 million EUR

2025 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 117506000 EUR Source
  • Capital Expenditure: 66108000 EUR Source
Cash and cash equivalents
109 million EUR Source
Exact value

109067000 EUR

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-04-09.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 5 of 11 periods available· newest 2025-12-31
  • Operating income: 5 of 11 periods available· newest 2025-12-31
  • Net income: 5 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 5 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 5 of 11 periods available· newest 2025-12-31
  • Total assets: 5 of 11 periods available· newest 2025-12-31
  • liabilities: No compatible figures in this window
  • Current assets: 5 of 11 periods available· newest 2025-12-31
  • Current liabilities: 5 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 5 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +1.4%

    Prior period

    EUR 862.61 million

    –

    Current period

    EUR 874.96 million

    –

    Exact inputs and evidence

    874957000 − 862613000 = 12344000 EUR

    862613000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    874957000 EUR · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    -1.2%

    Prior period

    EUR 83.38 million

    –

    Current period

    EUR 82.34 million

    –

    Exact inputs and evidence

    82338000 − 83376000 = -1038000 EUR

    83376000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    82338000 EUR · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +6.1%

    Prior period

    EUR 110.72 million

    –

    Current period

    EUR 117.51 million

    –

    Exact inputs and evidence

    117506000 − 110721000 = 6785000 EUR

    110721000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    117506000 EUR · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +11.7%

    Prior period

    EUR 59.19 million

    –

    Current period

    EUR 66.11 million

    –

    Exact inputs and evidence

    66108000 − 59188000 = 6920000 EUR

    59188000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    66108000 EUR · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue EUR 874.96 million 100% of revenue
  • Operating costs Derived EUR 746.14 million 85% of revenue
  • Operating income EUR 128.82 million 15% of revenue
  • Tax, interest and other Derived EUR 46.48 million 5.3% of revenue
  • Net income EUR 82.34 million 9.4% of revenue

Cash

  • Operating cash flow EUR 117.51 million 13% of revenue
  • Capital expenditure EUR 66.11 million 7.6% of revenue
  • Free cash flow Derived EUR 51.4 million 5.9% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2021 11%86%
  • 2022 11%85%
  • 2023 Net income was higher than operating income, so the split is not drawn.
  • 2024 9.7%86%
  • 2025 9.4%85%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2021 2021-01-01 – 2021-12-31615878000 528285000 Derived 87593000 20897000 Derived 66696000 -39425000 Derived
Source
2022 2022-01-01 – 2022-12-31852826000 727017000 Derived 125809000 36245000 Derived 89564000 74859000 Derived
Source
2023 2023-01-01 – 2023-12-31856411000 719493000 Derived 136918000 -93132000 Derived 230050000 59250000 Derived
Source
2024 2024-01-01 – 2024-12-31862613000 746057000 Derived 116556000 33180000 Derived 83376000 51533000 Derived
Source
2025 2025-01-01 – 2025-12-31874957000 746135000 Derived 128822000 46484000 Derived 82338000 51398000 Derived
Source

Amounts are exact, in EUR.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

EUR 875M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.945.0M708.7M472.5M236.2M0.020212022202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(EUR)Source evidence
2021Revenue615878000
2022Revenue852826000
2023Revenue856411000
2024Revenue862613000
2025Revenue874957000

Revenue growth

Change in revenue from the same financial period one year earlier.

1.4% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.42%31%21%10%0%20212022202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2021Year over yearNo prior comparable period
2022Year over year38.5%
2023Year over year0.4%
2024Year over year0.7%
2025Year over year1.4%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 14.7% 2025
Net margin 9.4% 2025
Free cash flow margin 5.9% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.29.5%19.9%10.2%0.6%-9.1%20212022202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2021Operating margin14.2%
2022Operating margin14.8%
2023Operating margin16%
2024Operating margin13.5%
2025Operating margin14.7%
2021Net margin10.8%
2022Net margin10.5%
2023Net margin26.9%
2024Net margin9.7%
2025Net margin9.4%
2021Free cash flow margin-6.4%
2022Free cash flow margin8.8%
2023Free cash flow margin6.9%
2024Free cash flow margin6%
2025Free cash flow margin5.9%

Operating cash flow

Cash generated by the company’s normal business operations.

EUR 117.5M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.152.7M107.5M62.4M17.2M-28.0M20212022202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2021Operating cash flow-15519000
2022Operating cash flow112975000
2023Operating cash flow140250000
2024Operating cash flow110721000
2025Operating cash flow117506000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

EUR 51.4M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.84.0M50.9M17.7M-15.4M-48.6M20212022202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2021Free cash flow-39425000
2022Free cash flow74859000
2023Free cash flow59250000
2024Free cash flow51533000
2025Free cash flow51398000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2021-12-31Liabilities / assetsNot reported
2022-12-31Liabilities / assetsNot reported
2023-12-31Liabilities / assetsNot reported
2024-12-31Liabilities / assetsNot reported
2025-12-31Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

2.42× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.72×2.79×1.86×0.93×0.00×20212022202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2021Current assets / current liabilities1.11×
2022Current assets / current liabilities3.44×
2023Current assets / current liabilities2.81×
2024Current assets / current liabilities2.58×
2025Current assets / current liabilities2.42×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2021 2021-01-01 – 2021-12-31
EUR 66.7 million
Exact value

Exact value: 66696000 EUR

2021-01-01 – 2021-12-31: 66696000 EUR Inspect Net Income Open source
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−EUR 15.52 million
Exact value

Exact value: -15519000 EUR

2021-01-01 – 2021-12-31: -15519000 EUR Inspect Operating Cash Flow Open source
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EUR 23.91 million
Exact value

Exact value: 23906000 EUR

2021-01-01 – 2021-12-31: 23906000 EUR Inspect Capital Expenditure Open source
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−EUR 39.43 million
Calculation and evidence

-15519000 − 23906000 EUR

Exact free cash flow: -39425000 EUR

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2022 2022-01-01 – 2022-12-31
EUR 89.56 million
Exact value

Exact value: 89564000 EUR

2022-01-01 – 2022-12-31: 89564000 EUR Inspect Net Income Open source
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EUR 112.98 million
Exact value

Exact value: 112975000 EUR

2022-01-01 – 2022-12-31: 112975000 EUR Inspect Operating Cash Flow Open source
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EUR 38.12 million
Exact value

Exact value: 38116000 EUR

2022-01-01 – 2022-12-31: 38116000 EUR Inspect Capital Expenditure Open source
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EUR 74.86 million
Calculation and evidence

112975000 − 38116000 EUR

Exact free cash flow: 74859000 EUR

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2023 2023-01-01 – 2023-12-31
EUR 230.05 million
Exact value

Exact value: 230050000 EUR

2023-01-01 – 2023-12-31: 230050000 EUR Inspect Net Income Open source
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EUR 140.25 million
Exact value

Exact value: 140250000 EUR

2023-01-01 – 2023-12-31: 140250000 EUR Inspect Operating Cash Flow Open source
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EUR 81 million
Exact value

Exact value: 81000000 EUR

2023-01-01 – 2023-12-31: 81000000 EUR Inspect Capital Expenditure Open source
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EUR 59.25 million
Calculation and evidence

140250000 − 81000000 EUR

Exact free cash flow: 59250000 EUR

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2024 2024-01-01 – 2024-12-31
EUR 83.38 million
Exact value

Exact value: 83376000 EUR

2024-01-01 – 2024-12-31: 83376000 EUR Inspect Net Income Open source
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EUR 110.72 million
Exact value

Exact value: 110721000 EUR

2024-01-01 – 2024-12-31: 110721000 EUR Inspect Operating Cash Flow Open source
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EUR 59.19 million
Exact value

Exact value: 59188000 EUR

2024-01-01 – 2024-12-31: 59188000 EUR Inspect Capital Expenditure Open source
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EUR 51.53 million
Calculation and evidence

110721000 − 59188000 EUR

Exact free cash flow: 51533000 EUR

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2025 2025-01-01 – 2025-12-31
EUR 82.34 million
Exact value

Exact value: 82338000 EUR

2025-01-01 – 2025-12-31: 82338000 EUR Inspect Net Income Open source
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EUR 117.51 million
Exact value

Exact value: 117506000 EUR

2025-01-01 – 2025-12-31: 117506000 EUR Inspect Operating Cash Flow Open source
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EUR 66.11 million
Exact value

Exact value: 66108000 EUR

2025-01-01 – 2025-12-31: 66108000 EUR Inspect Capital Expenditure Open source
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EUR 51.4 million
Calculation and evidence

117506000 − 66108000 EUR

Exact free cash flow: 51398000 EUR

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

3 filings · 364 latest values · 364 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 815600CD933CB2F89862, esef:815600CD933CB2F89862