Homepage
The Board of Directors of Italian Design Brands S.p.A. (IDB) approves the Consolidated Financial Results of the first quarter of 2023
The Board of Directors of Italian Design Brands S.p.A., which met today under the chairmanship of Andrea Sasso, approved the Group’s consolidated financial results as of 31 March 2023.
Overall, the Group reported revenue for Euro 62.9 million (up 80.6% from Euro 34.9 million of the same period in 2022) and pro-forma revenue of Euro 65.9 million, with exports accounting for 73%. As for profitability, the Group’s Adjusted EBITDA in the first quarter of 2023 is equal to Euro 10.6 million (+166.0% compared to Euro 4.0 million in the same period of 2022) and equal to Euro 11.0 million pro-forma, with a pro-forma percentage margin of 16.7%.
The management of IDB will present the first quarter results to the financial community on 23 May 2023 at 6.00 p.m. CET. The event can be followed via streaming at THIS LINK.
Download the press release
Download the presentation
Download the Interim Financial Information as of 31 March 2023
Share
WeChat
