Home / Knowledge / News / Fashion / Mariella Leather Goods performs well in 2007

Mariella Leather Goods performs well in 2007

May '08
The Shareholders of Mariella Burani Fashion Group S.p.A. approved the 2007 parent company financial statements.

The 2007 consolidated financial statement shows:
• Consolidated revenues of € 699,6 million vs. € 672,6 million in 2006; net of extraordinary items, the Group realised total revenue growth of 11,4%;
• EBITDA of € 108,9 million vs. € 125,1 million in 2006; net of extraordinary items, the Group realised total Ebitda growth of 18%;
• EBIT of € 81,7 million vs. € 92,6 million in 2006; net of extraordinary items, the Group realised Ebit growth of 23,6%;
• Pretax income of € 53,4 million vs. € 68,7 million in 2006;
• Net Income of € 51 million vs. € 63,3 million in 2006;
• Net financial position (net debt) of € 193,4 million vs. € 179,6 million recorded at December 31st, 2006, not
withstanding the significant investments made during the year for the acquisition of the Fashion Jewellery division companies, the acquisition of Dadorosa, net of the proceeds from the sale of the multi brand retail division. The net financial position reflects an optimal debt/equity ratio of 0,67.

Consolidated Revenues reflect the net impact of the disposal of the multi brand retail division and the acquisition of Valente, Rosato, and Calgaro (fashion jewellery) as well as Dadorosa (Leather Goods).

Organic revenues grew by 16,3% during the period while total growth was driven primarily by:
• The strong performance of the Leather Goods division (Antichi Pellettieri), driven by Baldinini, Braccialini and Francesco Biasia collections;

Must ReadView All

Pic: Shutterstock

Textiles | On 18th Jan 2022

Singapore, Bangladesh agree to conclude FTA early

Bangladesh and Singapore have agreed to accelerate the process of...

Pic: Airlines IATA

Textiles | On 18th Jan 2022

Supply chain disruptions stall global cargo growth in Nov 2021: IATA

Data for global air cargo markets have revealed slower growth in...

Pic: Shutterstock

Textiles | On 18th Jan 2022

Philippine garment-textile industry seeks govt support to protect jobs

The Clothing and Textile Industry Tripartite Council (CTITC) in the...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Water stewardship, Stakeholders

Water stewardship

Water use efficiency remains relatively unexplored

Dr. Catherine Tubb,

Dr. Catherine Tubb

Created in 2018 to investigate the risk of market failure related to...

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

Harleen Kaur,

Harleen Kaur

Established in 2017 and headquartered New York, the label Harleen Kaur...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

 Natacha Defeche, Edana

Natacha Defeche

Since 1971, EDANA, the International association serving the nonwovens and ...

Serkan Gogus, Mogul Nonwovens

Serkan Gogus
Mogul Nonwovens

Mogul is a global player ranked among the top 40 nonwoven producers in the ...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Manish Malhotra, Label Manish Malhotra

Manish Malhotra
Label Manish Malhotra

A multitalented designer and founder of an eponymous label, Manish...

Sujata & Taniya Biswas, Suta

Sujata & Taniya Biswas

Founded by <b>Sujata and Taniya Biswas</b>, Suta is a humble brand which...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments


MAS Active / MAS Kreeda / MAS Bodyline
Restoque S.A.
Chico’ FAS
Esprit Europe Services GmbH
Truetzschler India Private Limited
Gloria Jeans
Brandix Lanka Limited
Page Industries Limited (Bangalore)
Rosset ;& Cia Limited
IDH – The Sustainable Trade Initiative
Tory Burch Hong Kong Ltd
KAS Direct Sourcing

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search