10 Jul 2023

Morellato Group: 2022 turnover at 392.5 Mil. Euro - Pro forma turnover soars to 780 Mil.

Milan, July 7, 2023. Morellato Group presents the excellent results achieved in FY 2022. Investments in innovation and sustainability. Expanding into direct retail.

The Group closes FY 2022, ended 02/28/2023 and prepared in accordance with IAS/IFRS accounting standards, with a turnover of 392.5 million Euros, +17% on a like-for-like basis.

Pro-forma turnover stood at 780 million euros, thanks to significant growth in all markets (Italy +29%, France +14%) and the acquisition of the German CHRIST Group.
Excellent performance for all Group brands, particularly the jewelry segment.

Adjusted EBITDA stood at 95.5 million euros, equal to 24.3% of turnover [obtained by subtracting the costs incurred for the acquisition of Christ].

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01 Jun 2022

Morellato Group towards the publishing of the Sustainability Report

Morellato Group towards the publishing of the Sustainability Report.

01 Jun 2022

Morellato Group brings the Italian style to Dubai.

Morellato Group has announced the arrival of Italian Luxury Mea, a Group’s new Company is based in Dubai.

01 Jun 2022

Morellato Group purchases CLEOR

Morellato Group acquirses French jewelery leader CLEOR.

01 Jun 2022

Morellato new opening in the heart of Rome

Morellato has made its grand entrance in the centre of Rome, with the opening of a new flagship store in ultra-central Via del Corso.