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Business Summary: Silvano Fashion Group AS (SFG), formerly PTA Grupp AS, is an Estonia-based company, which is mainly engaged in the design, manufacture and marketing of women's apparel and lingerie. In addition, the Company provides sewing services to other manufacturers of women’s lingerie. The Company owns such brands as Milavitsa, Alisee, Aveline, Lauma Lingerie and Laumelle. The Company is active domestically and abroad in such countries as the Russian Federation, Belarus, Ukraine and the Baltic States, where the Company sells its products through its retail chains, such as Milavitsa and Lauma Lingerie. Silvano Fashion Group AS operates eleven subsidiaries, located in Latvia, Belarus, France and the Russian Federation.
Financial Summary: BRIEF: For the three months ended 31 March 2026, Silvano Fashion Group AS revenues decreased 2% to EUR11.8M. Net income decreased 67% to EUR913K. Revenues reflect Lingerie Wholesale segment decrease of 14% to EUR6M, Russia segment decrease of 6% to EUR6.2M, Other Countries segment decrease of 3% to EUR1.5M. Net income also reflects Unallocated segment loss increase from EUR107K to EUR215K, Lingerie Wholesale segment income decrease of 1% to EUR634K.