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€2.35 billion
- Armani Group’s annual revenues reached €2.35 billion in 2022, up 16.5 per cent on last year, as the resumption of travel prompted a rebound across Europe and the US.
www.voguebusiness.com/companies/armani-groups-full-year-revenues-surpass-euro2-billion
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Jul 20, 2022 · In 2021, total revenues from Armani-branded products worldwide, including licensing revenues, amounted to 4.05 billion euros, a 23.7 percent increase compared with 3.28 billion euros in 2020.
For 2021, the Armani Group reported consolidated net profits of 169.9 million euros, amounting to a 43% increase as compared to pre-pandemic levels of 2019, thereby confirming the effectiveness of its strategy focused on the 'less is more' principle.
Jul 29, 2024 · In 2023, the Armani Group confirmed its strategy with net revenues of 2.45 billion euros, up 4% at current exchange rates and 6% at constant exchange rates. EBIT and EBITDA remained in line with the previous year, and net profit before tax is 224.5 million euros, up 4.4% year-on-year.
Jul 29, 2024 · Armani was always driven by a medium-long term outlook, reflected by the group’s investments last year, which doubled to 142.5 million euros from 70.5 million euros in 2022, and were...
- Luisa Zargani
Jul 20, 2022 · The group can rely on a cash pile of 1.12 billion euros at the end of 2021, up 21 percent compared with 925 million euros at the end of 2020. Net assets also grew by about 98 million,...
Jul 20, 2022 · Armani Group reported that revenues rose 26 percent to €2.02 billion last year, approaching pre-pandemic levels and meeting a €2 billion target for the brand’s rebound a year earlier than its owner and chief executive officer, Giorgio Armani, had previously forecast.