Silvano Fashion Group AS

Silvano Fashion Group AS

4.90
PLN
+0.02
(+0.41%)
0.98EPS
5.10P/E
165.24MMarket Cap
Nov 25Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.09
2.61
1.73
1.57
1.73
1.73
1.58
1.07
1.3
1.6
1.63
1.61
1.54
1.57
Basic EPS, GAAP
0.28
0.24
0.26
0.22
0.3
0.3
0.3
0.04
0.25
0.33
0.28
0.34
0.26
0.21
Free Cash Flow per Basic Share
0.37
0.33
0.42
0.32
0.22
0.29
0.38
0.17
0.35
0.38
0.29
0.25
0.2
0.31
Dividend per Share
0.11
0.39
0.16
0.25
0.22
0.51
0.21
0.01
0.02
0.02
0.02
0.02
- -
- -
Book Value per Share
1.34
1.2
1.07
1.19
1.14
0.76
0.73
0.68
0.95
1.24
1.5
1.83
2.13
2.26
Tangible Book Value per Share
1.32
1.18
1.06
1.18
1.13
0.76
0.72
0.67
0.93
1.23
1.49
1.82
2.11
2.24
Basic Weighted Avg Shares
39
39
38
37
36
36
36
36
36
36
36
36
36
35
Sales/Revenue/Turnover
122
101
65
58
62
62
57
38
47
58
59
58
55
56
Operating Margin (%)
14.41
13.91
22.34
29.37
23.31
29.46
23.44
28.39
28.85
26.38
31.68
30.83
20.17
18.38
Depreciation Expense
3
3
2
2
2
2
4
4
3
4
3
3
3
4
Net Income, GAAP
11
9
10
8
11
11
11
1
9
12
10
12
9
7
Effective Tax Rate (%)
22.14
44.22
34.31
32.05
25.94
23.04
26.59
58.89
29.9
18.17
23.71
20.71
16.8
24.17
Profit Margin (%)
9
9.02
14.85
14.29
17.5
17.35
18.73
3.5
19.34
20.46
16.94
21.29
16.64
13.32
Working Capital
43
34
31
34
33
20
17
21
31
40
49
60
70
77
LT Debt
- -
- -
- -
- -
- -
- -
6
5
5
4
4
4
3
4
Total Equity
63
54
44
47
44
31
30
28
38
49
57
69
81
86
Return on Invested Capital (%)
20.76
11.39
18.02
23.7
21.98
35.89
26.5
11.55
22.49
23.48
22.7
19.51
10.56
8.65
Return on Capital (%)
16.15
13.03
17.87
18.94
22.86
27.01
30.83
3.34
21.08
22.95
15.62
16.8
11.3
7.75
Return on Common Equity (%)
21.1
18.35
22.29
19.79
25.87
31.55
39.65
5.3
30.8
29.89
20.07
20.59
12.93
9.6

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3
2
1
LT Borrowings
- -
- -
- -
LT Finance Leases
3
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
45
41
38

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
80
81
85
Cash, Cash Equivalents & STI
45
46
51
Accounts Receivable, Net
1
2
2
Inventories
31
31
30
Total Current Liabilities
9
9
8
Payables & Accruals
- -
- -
- -
ST Debt
3
2
1
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.13%
24.1%
17.01%
Free Cash Flow
1.07%
12.45%
-19.5%
Net Income, GAAP
51.21%
116.89%
-25.37%
Sales/Revenue/Turnover
-0.36%
8.22%
-4.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14
16
16
12
58
2025
12
16
16
11
55
2026
12
17
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.12
0.07
0.07
0.34
2025
0.08
0.08
0.07
0.03
0.26
2026
0.03
0.08
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.02
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jarek Särgava
Full Time Employees
1,639
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Tulika 17 Tallinn HA Estonia 10613
IPO Date
May 20, 1997
Business
AS Silvano Fashion Group engages in the design, manufacturing, wholesale, franchising, and retail of ladies' lingerie, beachwear, and underwear through its subsidiaries. The company develops and markets six principal brands: Milavitsa, Lauma Lingerie, Alisee, Aveline, and Laumelle for women; and Hidalgo for men. Products are distributed via wholesale channels, franchised stores, and company-operated retail outlets including Milavitsa and Lauma Lingerie stores, serving key markets in Russia, Belarus, Ukraine, the Baltic states, Kazakhstan, Moldova, and 23 countries overall. Founded in 1944 and registered in 1996, AS Silvano Fashion Group maintains headquarters at Tulika 15/17, 10613 Tallinn, Estonia, with primary manufacturing facilities at the Milavitsa factory in Minsk, Belarus, and the Lauma Lingerie factory in Liepaja, Latvia. The group employs over 2,000 people across five countries and operates 680 branded stores in total, including 134 directly managed as of September 2025. It lists on Nasdaq Tallinn since 1997 and Warsaw Stock Exchange. In recent developments, the company expanded its directly operated retail network to 134 stores from 124 at year-end 2024, alongside continued franchising growth to 536 Milavitsa and 22 Lauma Lingerie outlets. Investments in property, plant, and equipment totaled 562 thousand euros in the first nine months of 2025, focused on store openings, renovations, and production enhancements. The group maintains a 25% stake in associate LLC Trade House Milavitsa Novosibirsk via subsidiary CJSC Milavitsa, and jointly owns Metropolitan Trade Company Milavitsa LLC 50-50 with SIA Silvano Fashion.