Bologna-based teamwear specialist Macron closed 2025 with record revenue of €244.6 million, up 9.4 percent, as EBITDA margin expanded to 21.1 percent – pointing to a scalable model with consistent returns.

Macron reported record full-year revenue of €244.6 million in 2025, up 9.4 percent year-on-year, as the Bologna-based teamwear specialist lifted profitability alongside sales growth. The results were approved at the company’s shareholders’ meeting on April 28. Pro forma EBITDA (earnings before interest, taxes, depreciation and amortization) rose to €51.6 million from €45.1 million in 2024, taking the margin to 21.1 percent.

2026 04 28_Macron Results 2025

Source: Macron IR

Macron Results 2025

Contract-driven demand supports the base business

Macron’s model is anchored in long-term supply agreements with clubs and sports organizations across levels, from elite professional teams to amateur leagues. The structure generates repeat orders and reduces exposure to swings in discretionary consumer demand.

The group’s retail footprint includes more than 200 Macron Sports Hubs in over 40 countries. Technical sponsorships and the Macron O.N.E. collection play a brand-building role, while the core economics remain tied to contracted teamwear supply.

€15 million campus expansion increases capacity

Macron is investing €15 million to expand its Valsamoggia campus near Bologna, with completion scheduled for 2026. The fourth building, the Macron Distribution Center 2 (DC2), opened in April alongside a 600-square-metre employee gym. Additional staff facilities, including padel and 3x3 basketball courts, are expected to follow. Once complete, the site is set to cover 115,000 square metres.

2026 04 29_Macron_Gym

Source: Macron IR

Macron Gym at the Company Campus in Valsamoggia (Bologna, Italy)

The project is primarily aimed at increasing logistics and distribution capacity as the company scales international volumes, with the margin profile indicating it can do so without significant dilution.