Marcolin releases 2024 first quarter results

Marcolin’s first quarter results for 2024 revealed positive marginality, with an adjusted EBITDA equal to €25.7m, up by 8.5% from €23.7 million in the first three months of 2023.

The impact on net sales was positive, equal to 17.6% compared to 15.5% for the same period of 2023, while revenues were stable at €145.6 million, in line with results of the first quarter of 2023.

Net profit amounted to €7.3 million (increasing 7% compared to 2023), while the adjusted net financial position amounted to €355.1 million, an increase of €10.7 million compared to December 2023.

Licence renewals were announced in the first months of the year with Zegna, GCDS, Max&Co and Skechers, while new and exclusive agreements have been signed with Christian Louboutin and K-Way.

Register now to continue reading

Thank you for visiting Optician Online. Register now to access up to 10 news and opinion articles a month.


Already have an account? Sign in here