Home / Knowledge / News / Fashion / Antichi Pellettieri declares excellent Q1 results
Antichi Pellettieri declares excellent Q1 results
May '08
The Board of Directors of Antichi Pellettieri Spa yesterday approved the financial results for the first quarter of 2008 which reflect:

•Revenues of € 104.9 million (+ 23.8 %) vs. € 84.8 million in 1Q 2007.
•EBITDA of € 18.8 million (+ 34.3%) vs. € 14.0 million in 1Q 2007.
•EBIT of € 16.9 million (+ 39.0%) vs. € 12.1 million in 1Q 2007.
•Pretax income of € 14.4 million (+40.4%) vs. € 10.2 million in 1Q 2007.


Consolidated revenues increased to € 104.9 million (+23.8%) compared to € 84.8 million in 1Q 2007.

Total revenue growth was driven by:

The optimal performance of the Group's own brands including Baldinini (+37%) and Sebastian luxury footwear collections (+39%) as well as Braccialini handbag and accessories collections (+36%);

Increased revenues from direct distribution channels, as evidenced by the 27% growth of the Groups Directly Operated Stores (DOS) during the quarter;

Dynamic growth realised in emerging luxury markets (+33%), driven by the optimal performance of Russia (+30%), Eastern Europe (+34%), and the Middle East (+80%).

Total growth realised in Italy (+22%), driven again by Baldinini footwear collections and Braccialini handbag and accessories collections; the consolidation of Dadorosa (acquired in July 2007).

Ebitda reached € 18.8 million for the year (+34.3%) with an Ebitda margin of 17.9% versus 16.5% for the same period of 2007. Ebitda growth is primarily attributable to the improvement in the Group's sales mix with an increasing focus on higher margin products, increased operating leverage, and economies of scale.

Must ReadView All

Trump signs revised free trade agreement with S Korea

Textiles | On 25th Sep 2018

Trump signs revised free trade agreement with S Korea

President Donald Trump signed a revised free trade agreement with...

L-R: Jonathan Akeroyd, Donatella Versace, John D Idol. Courtesy: Rahi Rezvani

Fashion | On 25th Sep 2018

Michael Kors to acquire Versace; to be renamed Capri

Michael Kors Holdings Limited, a global fashion luxury group, has...

'India can take up lack of capacity in US, China markets'

Textiles | On 25th Sep 2018

'India can take up lack of capacity in US, China markets'

India can now take up the lack of capacity in the US and Chinese...

Interviews View All

Shawn Honeycutt, Bolger & O'Hearn

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Nuno Venda, ROQ

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Abhishek Samdaria, Reflete

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...



Italtex is a leading studio publishing fabric trend-books since 1959....

Kamal Kulshreshth,

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi, SVA

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Anisha Chaudhari, Threads & Shirts

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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

October 2018

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

news category

Related Categories:

Advanced Search