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Inventories | 12 Months Ended
--- | ---
Dec. 31, 2025
Disclosure of Measuring inventories [Abstract] |
Inventories | 19. Inventories The following table provides a breakdown for inventories (net of the provision for slow moving and obsolete inventories):
| At December 31,
(€ thousands) | 2025 |  | 2024
Raw materials, ancillary materials and consumables | 113,241 |  | 90,461
Work-in-progress and semi-finished products | 49,898 |  | 49,442
Finished goods | 343,764 |  | 381,112
Total inventories | 506,903 |  | 521,015
The amount of provisions for slow moving and obsolete inventories recognized for the years ended December 31, 2025, 2024 and 2023 was €32,774 thousand, €48,260 thousand and €59,558 thousand respectively. The following table provides the changes in the total provision for slow moving and obsolete inventories for the years ended December 31, 2025 and 2024.
| 2025 |  | 2024
At January 1, | (207,078) |  | (175,222)
Provisions | (32,774) |  | (48,260)
Utilizations and releases | 30,302 |  | 22,515
Exchange differences and other changes | 12,300 |  | (6,111)
At December 31, | (197,250) |  | (207,078)

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