FOPE S.P.A. (Alliance News) - Fope Spa reported Tuesday that 2022 revenues rose 54 percent year-on-year to EUR62.2 million from EUR40.3 million a year earlier.
The figure marks even greater growth when compared with that of the last fiscal year before the arrival of Covid-19, 2019, recording a 78 percent improvement in revenues from EUR35.5 million.
Diego Nardin, managing director of Fope, commented, "An excellent result that confirms the validity of the strategies of development in the markets and consolidation of brand affirmation that we are pursuing. All the countries where we are present have recorded growth, both the markets
international markets that are more solid for us as well as the emerging ones and Italy, for which the result was particularly significant and satisfying."
"We view business development for 2023 positively, with conservative but growing sales budgets despite the fact that the economic environment at the international level and the permanence of critical factors present areas of uncertainty. The specificity of Fope's offering and the forecast indications on the potential business development of the luxury segment in which we operate I believe support the positive estimates."
By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
Comments and questions to redazione@alliancenews.com
Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.
