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Employee benefits (Tables) | 12 Months Ended
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Dec. 31, 2025
Employee Benefits [Abstract] |
Summary of Breakdown of Employee Benefits | The following table presents a breakdown of employee benefits.
| At December 31,
(€ thousands) | 2025 |  | 2024
Italian leaving indemnities (TFR) | 9,563 |  | 10,224
Other leaving indemnities | 11,660 |  | 11,727
Post-employment benefits | 7,046 |  | 7,866
Other long-term employee benefits | 937 |  | 953
Termination benefits | 894 |  | 783
Total defined benefit obligations | 30,100 |  | 31,553
Other long-term payables to employees | — |  | 3,392
Total employee benefits | 30,100 |  | 34,945
Summary of Changes in Defined Benefit Obligations | The following table presents the changes in defined benefit obligations.
(€ thousands) | 2025 |  | 2024
At January 1, | 31,553 |  | 29,645
Changes through statement of profit and loss | 5,109 |  | 6,631
- of which: Service cost | 4,241 |  | 5,518
-of which: Financial charges | 868 |  | 1,113
Changes through statement of comprehensive income and loss | (1,237) |  | (400)
- of which: Actuarial loss/(gain) | 41 |  | (668)
- of which: Translation differences | (1,278) |  | 268
Benefits paid | (5,325) |  | (5,254)
Business Combination | — |  | 931
At December 31, | 30,100 |  | 31,553
Summary of Main Financial Assumptions Used in Determining the Prevent Value of the TFR and Other Leaving Indemnities | The following table summarizes the main financial assumptions used in determining the present value of the TFR and other leaving indemnities.
| At December 31, 2025 |  | At December 31, 2024
| Italy |  | Spain |  | China |  | Italy |  | Spain |  | China
Discount rate | 2.90% / 3.60% |  | 3.20% / 3.40% |  | 1.80% / 1.90% |  | 2.70% / 3.20% |  | 3.00% / 3.20% |  | 2.00% / 2.10%
Inflation rate | 1.70% / 2.00% |  | 2.00% |  | 1.50% / 6.50% |  | 1.80% / 2.00% |  | 2.00% |  | 1.50% / 9.00%
Turn-over rate | 1.00% / 10.00% |  | 4.50% / 5.00% |  | 2.00% / 7.00% |  | 1.00% / 10.00% |  | 4.00% / 5.00% |  | 2.00% / 4.50%
Summary of Main Assumptions for Quantitative Sensitivity Analysis | The following table presents a quantitative sensitivity analysis for the main assumptions relating to the Group’s main employee benefit obligations and service costs.
| At December 31, 2025 |  | At December 31, 2024
| +50 bps |  | -50 bps |  | +50 bps |  | -50 bps |  | +50 bps |  | -50 bps |  | +50 bps |  | -50 bps
(€ thousands) | Employee benefit obligations |  | Service costs |  | Employee benefit obligations |  | Service costs
Discount rate | (757) |  |  | 807 |  |  | (117) |  |  | 125 |  |  | (855) |  |  | 916 |  |  | (141) |  |  | 153 |
Inflation rate | 687 |  |  | (652) |  |  | 115 |  |  | (108) |  |  | 805 |  |  | (762) |  |  | 147 |  |  | (137) |
Turn-over rate | 2,314 |  |  | (4,037) |  |  | 345 |  |  | (655) |  |  | 2,684 |  |  | (4,075) |  |  | 469 |  |  | (735) |

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- Definition The disclosure of defined benefit plans. [Refer: Defined benefit plans [domain]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2025-01-01 -Paragraph 138 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2025-en-r&anchor=para_138&doctype=Standard -URIDate 2025-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 204 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_204&doctype=Standard -URIDate 2025-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 204 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_204&doctype=Standard -URIDate 2025-03-27 + Details
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- Definition The disclosure of a net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2025-01-01 -Paragraph 140 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2025-en-r&anchor=para_140_a&doctype=Standard -URIDate 2025-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 206 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_206_a&doctype=Standard -URIDate 2025-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 206 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_206_a&doctype=Standard -URIDate 2025-03-27 + Details
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- Definition The disclosure of a sensitivity analysis for significant actuarial assumptions used to determine the present value of a defined benefit obligation. [Refer: Actuarial assumptions [domain]; Defined benefit obligation, at present value] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2025-01-01 -Paragraph 145 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2025-en-r&anchor=para_145&doctype=Standard -URIDate 2025-03-27 + Details
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