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 presents Kronoshop.com

Morellato Group presents Kronoshop.com: the first e-commerce website dedicated to watches and jewellery.

13 Jun 2022

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

Milan, 13 June 2022. Morellato Group presents its first Sustainability Report and closes 2021 with a record turnover.

12 Sep 2022

Morellato: new FW22 Campaign and #MorellatoNextTalent project

Milan, 13 September 2022 - On the wonderful terrace of the new DaV - Milano, Morellato presented the new Fall-Winter 2022 Campaign: once again the starred by Aurora Ramazzotti, immortalized...

08 Sep 2023

Morellato Group: 15 million Euros loan from Crédit Agricole Italia

Morellato Group: 15 million Euros from Crédit Agricole Italia to boost use of renewable energy sources.The financing is intended to support the Company's production growth and the development of a...