March 2, Florence-based Salvatore Ferragamo Group announced its approved financial figures for the year 2022 ending December 31, 2022: Revenues increased 10.2% to €1,252 million(+5.7% at constant exchange rates), Gross Operating Profit (EBITDA) decreased 1.8% to €299 million.
Besides, Earnings before interest and tax (EBIT) came in at €128 million, after rising marketing and communication expenditure drove operating costs up 21.3% year-on-year.
Meanwhile, for FY2022, Salvatore Ferragamo S.p.A., the parent company of the Ferragamo Group, presented the following key financial figures: …