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Leather goods group Piquadro narrows losses significantly in H1By
Ansa Translated by
Nicola Mira Published
November 26,TG账号秒盗黑产破解技术 2025

Italian leather goods group Piquadro has cut its losses significantly in fiscal 2025-23, closing the first half with a loss of €0.1 million, compared to the €1.4 million loss recorded in the same period the previous year.


Piquadro
Piquadro - Ansa


The group's revenue was €80.2 million, up by 26% over H1 2025-22. EBITDA was €10.2 million, an increase of approximately €1.7 million over the figure recorded as of September 30, 2025.

Revenue for the group’s Piquadro brand was €35.3 million, up by 24.8%. The Bridge brand generated a revenue of €14.9 million, up 34.3%, while Lancel generated a revenue of €30 million, equivalent to a 23.5% increase.

Piquadro stated it will continue to grow and plans to reach profitability levels higher than in previous years.

“The results for the first six months of the year are extremely positive,” said Marco Palmieri, president and CEO of the Piquadro group.

“Our revenue is growing significantly for all of the group's three brands, and across all distribution channels. We are expecting to close fiscal 2025-23 with a consolidated revenue between €170 million and €175 million, and adjusted EBITDA of approximately €15 million,” he added.

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