Fila: Italy's FILA's 2024 profit slumps despite lower financial expenses

FILA Group reported a 21.4 per cent YoY revenue decline to reach €612.58 million (~$659.15 million) in 2024, impacted by SAP EWM rollout and macroeconomic factors. Net profit dropped 52.1 per cent to €81.8 million (~$88.04 million), though adjusted profit rose due to lower financial expenses. Europe and Latin America showed modest growth. For 2025, FILA projects moderate revenue and EBITDA growth.