
The Italian logistics company Nord Ovest Spa has filed
the 2025 annual financial year with revenues of 54.5 million euros, with
an increase of +13.6% on the previous year, of which 48.6 million
of revenues from shipments (+15.6%), €2.7 million from transactions in the
customs sector (+8.6%) and €0.8 million from consultancy services
(+9,5%). Revenues from warehousing and logistics decreased, equal to 2.5
million compared to 2.8 million in 2024. The company has
specified that in 2025 it had recorded a growth in revenues in
all geographical areas, with a higher percentage increase
in EU and non-EU markets.
In 2025, North West operating costs marked a
increase that the company specified to be mainly
attributable to the increase in costs for services, equal to 44.3
million (+15.7%). The dynamics of costs for services - explained the
- largely reflects the increase in expenditure on
freight rates, transport and shipments, which grew by +15.9%, due to the effect of
the increase in volumes managed and the consequent increase in
operational activities. This item was also affected by the
geopolitical tensions on international markets, which
has contributed to the maintenance of high levels of freight costs.
Costs for services related to operations are also increasing
increased by +24.3% due to the greater number of
managed practices, and the costs for consultancy and services
increased by +66.2% mainly due to the effect of
the intensification of extraordinary strategic projects and the
greater complexity of business activities. North
Ovest specified that this growth was partially
offset by the reduction in costs for logistics services,
decreased by -42.0% as a result of lower demand for services
logistical accessories by some customers.
The 2025 financial statements also show an EBITDA of 3.3
million euro, slightly down from 3.4 million at 31
December 2024 due to certain non-recurring activities that
characterized the year. EBIT was 2.5
million compared to 2.7 million in the previous year. The profit
net was €1.8 million (-8.3%).
Nord Ovest announced that the works for the construction of the
new logistics hub in Mondovì (Cuneo), started up in
2025, will be completed in the coming months and the
of the new warehouse is expected to start next
autumn.