In a global environment marked by geopolitical instability, industrial transformation, and new market challenges, UMBRAGROUP continues to demonstrate its ability to adapt by leveraging its financial strength, technological expertise, and long-term vision.
As highlighted by Chairman Reno Ortolani, 2025 closed with consolidated revenues of approximately €245 million, representing a slight decline compared to the previous year. This was primarily due to the reduction of certain Aerospace programs related to the Urban Air Mobility sector. Despite this slowdown, the Group maintained its competitiveness, reaffirming the resilience of its business model and its ability to navigate the most challenging phases of the economic cycle with determination.
The outlook for 2026 shows encouraging signs. Expected growth in the Aerospace sector is set to offset the anticipated downturn in the industrial segment, enabling the company to further strengthen its presence in high-technology markets. Defense and Aerospace continue to be dynamic and strategic sectors in which UMBRAGROUP can capitalize on its distinctive expertise, innovation capabilities, and long-standing relationships with major international customers.
At the same time, the Group is continuing its transformation journey by investing in key technologies for the future, with particular focus on electromechanical actuators (EMAs) and electrification. These areas represent a cornerstone of the company's growth strategy and enhance its ability to anticipate market developments while preserving the value of its longstanding expertise.
Attention is also being directed toward expansion into new segments and adjacent markets, with a particular focus on the United States, which continues to offer more favorable growth dynamics than many other international industrial markets. From an operational and financial perspective, UMBRAGROUP will continue to improve process efficiency while maintaining a prudent and responsible approach to resource management.
Even in its most demanding decisions, such as the recent rationalization of certain activities in Europe, the Group has acted responsibly and with the objective of ensuring long-term sustainability and competitiveness. This approach reflects its commitment to safeguarding the future of both the company and its people.
People remain at the heart of the strategy. Professionalism, dedication, and the ability to work together continue to represent the true driving force behind UMBRAGROUP. It is thanks to this unity that the Group has successfully navigated the complexities of recent years and can now look to the future with confidence, fully aware of both the challenges ahead and the opportunities that await.
Therefore, I would like to express, with great pride, my sincerest gratitude for the determination and passion demonstrated so far. With equal confidence in your capabilities, I look to 2026 with optimism. We are navigating uncharted waters, but one thing is certain: together, we will be ready to overcome the dry spells and ride the high tide when it comes.
Reno Ortolani, Chairman of the Board of Directors, UMBRAGROUP.