13 Jun 2022

MORELLATO GROUP: 2021 REVENUES SOAR TO 310 MILLION EURO THE GROUP PRESENTS ITS FIRST SUSTAINABILITY REPORT

The Morellato closed financial year 2021 with a double-digit growth and a consolidated turnover of EUR 310 million.

As at 28/02/2022, the Group's revenues, drawn up in accordance with IAS/IFRS, rose by an outstanding 49% compared to the previous year.

EBITDA reached EUR 87.3 million, or 28% of revenues, registering an increase of almost 68%.

Together with its 2021 Statutory Consolidated Financial Statements, the Morellato Group has presented its first Sustainability Report, drawn up in accordance with the international GRI Standards (Global Standards for Sustainability Reporting): an instrument describing the economic, social and environmental results achieved by the Group and revealing its long-standing commitment to sustainable development.

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01 Jun 2022

Morellato Group 10 million euros loan for sustainable development

Morellato Group 10 million euros loan for sustainable development.

12 Jan 2026

Morellato Group acquires Fossil Group's distribution activities in Italy

Milan, January 8, 2026 - Morellato Group acquires Fossil Group's distribution activities in Italy.The transaction marks a new and important synergy between two leading groups in the international watch and...

01 Jun 2022

Philip Watch celebrates 160 years at Baselword 2018

17 Jan 2023

Morellato Group acquires Christ Group

Padua, 17 January 2023 - Morellato Group acquires the German CHRIST Group, the leading omnichannel player in the jewelery and watch sector in Europe.With this important acquisition (which will take...