(Finance) – Piquora company listed on Euronext Milan and active in the conception, production and distribution of leather goods, closed theTax exercise 2024/2025 (on March 31, 2025) with a sales equal to 183.6 million euros, increased by 1.9% compared to the analogous period of the previous year closed to 180.3 million euros.
THE’Ebitda adjusteddefined as Ebitda net of the impacts deriving from the application of the IFRS16 accounting principle, it is equal to 19.3 million euros, compared to the 19.6 million euros recorded during the year on 31 March 2024. The group recorded a Net profit of group of approximately 11.6 million euros, in improvement of approximately 1.1 million euros compared to what is recorded at 31 March 2024 (+10.0%).
There Financial position net Adjustedpositive and equal to around 12.9 million euros, it is confronted with the positive data of 16.8 million euros of the Neta Adjusted financial position recorded at 31 March 2024. The variation was determined by investments in intangible assets, materials and financial for about 5 million euros, by the purchase of its own shares for about 0.7 million euros, from the payment of dividends from the group leader of 7 million euros positive cash-Flow, net of taxes, of around 13.6 million euros and by temporary uses of capital circulating at the service of growth of 4.9 million.
“In a complex and unstable economic and geopolitical context, the Piquadro group has Once again demonstrated one’s resilience capacity. We are satisfied to have closed the exercise on 31 March 2025 with a growth in turnover equal to 1.9% and a net profit increasing about 10%, results that confirm the solidity of our medium -long term strategies – says theTo Marco Palmieri – The return to the profit of Maison Lancel is particularly relevant, which testifies to the success of the repositioning and rationalization path undertaken “.
“In the same way, The Bridge recorded excellent income performance, confirming the strength of the brand and the validity of the management model – he adds – Piquadro, despite a contraction of profitability, has been able to face critical issues related to geopolitical tensions that have influenced logistics and on some strategic areas of the value chain. The impact was amplified by a deep industrial renovation and industrial renovation and commercial, and from an increase in costs in the digital area, necessary to equip us with a more robust information structure ready to collect the challenges of the next few years. First two months of the current yearalthough characterized by great variability and extraordinary uncertainty, show encouraging signalsparticularly in the business to consumer channel, where interesting growth is observed both in physical retail and e-commerce “.