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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