(Finance) – FOPEan Italian goldsmith company, a protagonist in the high-end jewelery sector, closed the 2023 financial year with consolidated net revenues equal to Euro 66.8 million, recording a growth of Euro 4.61 million, equal to +7.4%, compared to the same period of 2022.
Diego Nardin, CEO of FOPE: “We express a very positive opinion on the volume of revenues and growth compared to the previous year. Results aligned with the budget expectations drawn up at the beginning of 2023, taking into account a complex economic situation at an international level and confirmed by indicators that showed slowdowns particularly in the second half of the year. During 2023 the Italian market stood out for its excellent sales performance, generated both by the Venice boutique and in general by our dealers and favored by the good presence of foreign tourists in Italy. The hedging policy on gold needs neutralized the fluctuations in gold prices and the primary sales margin did not suffer any deviations from the budget values. VicenzaOro opens its doors on Friday 19 January, the first important international trade fair in our sector, during which we will present the new collections to our dealers. The vision for 2024 is positive and of further growth“.