Financials UniCredit S.p.A.

Equities

Market Closed - Borsa Italiana Other stock markets 16:45:00 05/12/2025 GMT			5-day change	1st Jan Change
65.05 ^EUR	-1.00%		+1.50%	+68.85%

12-05	Monte dei Paschi board expresses full confidence in CEO Lovaglio	RE
12-05	Council of State overturns 'golden power' decision on Cedacri loan (Ion)	RE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	17,140	17,954	20,343	23,843	24,844	24,839	25,555	26,272
Change	-	4.75%	13.31%	17.2%	4.2%	-0.02%	2.88%	2.81%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	7,335	8,158	10,782	14,372	15,439	15,404	15,933	16,521
Change	-	11.22%	32.16%	33.3%	7.42%	-0.22%	3.43%	3.69%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-1,546	1,236	7,289	11,451	12,860	14,516	14,672	15,112
Change	-	179.95%	489.72%	57.1%	12.3%	12.88%	1.07%	3%
Net income ¹	-2,785	1,540	6,458	9,507	9,719	10,312	10,494	10,943
Change	-	155.3%	319.35%	47.21%	2.23%	6.1%	1.77%	4.28%
Announcement Date	10/02/21	28/01/22	31/01/23	05/02/24	11/02/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	4,238	4,687	4,398	4,435	4,436	5,017	4,780	4,827	5,719	5,930	5,967	5,967	5,979	6,371	6,328	6,142	6,002	6,550	6,127	6,167	6,058
Change	-	10.59%	-6.17%	0.84%	0.02%	13.1%	-4.72%	0.98%	18.48%	3.69%	0.62%	0%	0.2%	6.56%	-0.67%	-2.94%	-2.28%	9.13%	-6.46%	0.65%	-1.76%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	1,780	2,272	1,937	1,985	1,963	2,676	2,422	2,442	3,246	3,603	3,639	3,640	3,490	4,065	4,031	3,851	3,492	4,228	3,812	3,876	-
Change	-	27.64%	-14.74%	2.48%	-1.11%	36.32%	-9.49%	0.83%	32.92%	11%	1%	0.03%	-4.12%	16.48%	-0.84%	-4.47%	-9.32%	21.08%	-9.84%	1.68%	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-322	1,207	1,371	1,430	-2,772	603	2,481	2,067	2,111	2,731	3,204	3,168	2,349	3,599	3,728	3,523	2,010	3,913	4,293	3,639	-
Change	-	474.84%	13.59%	4.3%	-293.85%	121.75%	311.44%	-16.69%	2.13%	29.37%	17.32%	-1.12%	-25.85%	53.21%	3.58%	-5.5%	-42.95%	94.68%	9.71%	-15.23%	-
Net income ¹	-1,179	887	1,034	1,058	-1,439	247	2,010	1,709	2,464	2,064	2,314	2,322	2,810	2,558	2,679	2,513	1,969	2,771	3,344	2,633	2,327
Change	-	175.23%	16.57%	2.32%	-236.01%	117.16%	713.77%	-14.98%	44.18%	-16.23%	12.11%	0.35%	21.02%	-8.97%	4.73%	-6.2%	-21.65%	40.73%	20.68%	-21.26%	-11.61%
Announcement Date	10/02/21	06/05/21	30/07/21	28/10/21	28/01/22	05/05/22	27/07/22	26/10/22	31/01/23	03/05/23	26/07/23	24/10/23	05/02/24	07/05/24	24/07/24	06/11/24	11/02/25	12/05/25	23/07/25	22/10/25	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 S1	2022 S1	2023 S1	2024 S1	2025 S1
Net sales ¹	9,084	9,796	11,897	12,699	12,682
Change	-	7.84%	21.45%	6.74%	-0.13%
EBITDA	-	-	-	-	-
Change	-	-	-	-	-
EBIT ¹	4,209	5,094	7,242	8,096	8,046
Change	-	21.03%	42.17%	11.79%	-0.62%
Charge d'intérêts	-	-	-	-	-
Earnings before Tax (EBT)	2,578	3,112	-	-	-
Change	-	20.71%	-	-	-
Net income ¹	1,921	2,285	-	5,237	6,115
Change	-	18.95%	-	-	16.77%
Announcement Date	30/07/21	27/07/22	26/07/23	24/07/24	23/07/25

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	10/02/21	28/01/22	31/01/23	05/02/24	11/02/25	-	-	-

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	1,543	730	522	517	589	1,250
Change	-	-52.69%	-28.49%	-0.96%	13.93%	112.22%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	18/03/20	24/03/21	01/03/22	09/03/23	11/03/24	25/02/25

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	42.79%	45.44%	53%	60.28%	62.14%	62.02%	62.35%	62.89%
EBT Margin (%)	-	-9.02%	6.88%	35.83%	48.03%	51.76%	58.44%	57.41%	57.52%
Net margin (%)	-	-16.25%	8.58%	31.75%	39.87%	39.12%	41.52%	41.06%	41.65%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	-0.31%	0.17%	0.73%	1.16%	1.24%	1.22%	1.22%	1.23%
ROE	-	-4.61%	2.54%	10.29%	14.92%	15.36%	16.51%	16.26%	16.76%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.12	-	-	1.795	2.4	3.266	3.706	4.11
Change	-	-	-	-	-	33.7%	36.07%	13.49%	10.89%
Book Value Per Share ¹	-	26.6	27.87	32.73	-	40.5	43.6	45.82	49.24
Change	-	-	4.79%	17.43%	-	-	7.66%	5.08%	7.47%
EPS ¹	-	-1.298	1.58	2.5	4.71	5.74	6.875	7.339	8.101
Change	-	-	221.73%	58.23%	88.4%	21.87%	19.77%	6.76%	10.38%
Nbr of stocks (in thousands)	-	2,227,581	2,226,130	1,935,270	1,713,440	1,551,420	1,557,675	1,557,675	1,557,675
Announcement Date	-	10/02/21	28/01/22	31/01/23	05/02/24	11/02/25	-	-	-