Logistical efficiencies and successful mainstream brands helped Marcolin nearly double profits before tax in the first six months of the year.
Sales at the Italian frame company grew by 16 per cent to €115.6m during the period, generating earnings before tax of €17.5m, up 109 per cent on the same period a year before. The measure of earnings before interest, taxes, depreciation, and amortisation grew by 92 per cent to €21.1m.
Welcoming the results, managing director and general manager Massimo Saracchi said product and operating efficiencies had played their part, as had recent reorganisation. He also hinted at an improved economic outlook as markets around the world improved.
'Orders are increasing strongly, new brands are welcomed on the international markets, the effectiveness and efficiency of the company's operations continue to improve, thanks to investments made,' he said.
Lines highlighted by the group included Tod's, Hogan, John Galliano and Dsquared2. Marcolin also released figures that showed sales in Italy and Europe holding up well, with shares of 22 .2 per cent and 36.3 per cent respectively. The proportion of sales in the US was also higher than in the first half of 2009.