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Interpump Group S.p.A. (IPGLF) Q4 2025 Earnings Call February 13, 2026 10:30 AM EST
Company Participants
Elisabetta Cugnasca – Head Of Investor Relations
Fabio Marasi – CEO & Executive Director
Conference Call Participants
Matteo Bonizzoni – Kepler Cheuvreux, Research Division
Domenico Ghilotti – Equita SIM S.p.A., Research Division
Alessandro Tortora – Mediobanca – Banca di credito finanziario S.p.A., Research Division
Natasha Brilliant – UBS Investment Bank, Research Division
Michele Baldelli – BNP Paribas, Research Division
Bruno Permutti – Intesa Sanpaolo Equity Research
Presentation
Operator
Good afternoon. This is the Chorus Call conference operator.
Welcome, and thank you for joining the Interpump Group Fourth Quarter 2025 Financial Results Conference Call. [Operator Instructions] At this time, I would like to turn the conference over to Elisabetta Cugnasca, Head of Investor Relations. Please go ahead, madam.
Elisabetta Cugnasca
Head Of Investor Relations
Thank you. I am Elisabetta Cugnasca, Head of Investor Relations of Interpump Group. Good afternoon or good morning, depending on your time zone, and welcome to this Interpump Fourth Quarter 2025 Financial Results Conference Call. As usual, I must draw your attention to the disclaimer slides in the annex part of the presentation that I hope you were able to download from our website.
Now I would like to leave the floor to Mr. Marasi, Group Chief Executive Officer.
Fabio Marasi
CEO & Executive Director
Thank you, Ms. Cugnasca, and thanks to all of you for joining our call. We are here to speak about fourth quarter ’25 results, 2023 expectations and group path to 2028. It has now become my habit to open our regular meeting by highlighting the most important numbers, and I will do the same today. First, the fourth quarter 2025 results. Plus 4.8%, the growth rate of the Hydraulics division in the quarter. The division recovery is not simply going on, it’s accelerating. EUR 220 million of free cash flow. This is a splendor, a number to
