The glasses manufacturer Marcolin increased its turnover by 1.2 percent in the first quarter of 2025 and generated income of 147.3 million euros. The company thus recorded an increase in sales of 1.2 percent compared to the same period last year for current exchange rates; The growth was 2.0 percent on a comparable basis.
Profitability also developed positively. The result, which is adjusted for special effects before interest, taxes and depreciation (EBITDA), amounted to 26.3 million euros, which corresponds to an increase of 2.3 percent compared to the first quarter of 2024. The EBITDA margin was 17.8 percent of net sales (previous year’s value: 17.6 percent).
“In the first three months of 2025, Marcolin was able to continue to consolidate his performance – in accordance with the positive results of the 2024 financial year – and continue the successful course in the past few years, which is clearly reflected in the increased profitability,” says the company’s official notification.
The group’s most important sales markets were in the EMEA and Americas regions. In the EMEA region, Marcolin generated sales of 79.2 million euros (plus 8.3 percent for current exchange rates, plus 7.8 percent for constant exchange rates). In the Americas, sales amounted to 50.1 million euros (minus 3.7 percent for current exchange rates, minus 4.3 percent for constant exchange rates). The Asian market continues to have great potential, according to the company, although there had been temporary weakening due to changed procurement cycles by the large APAC distributors.
The adjusted netinance position was 336.5 million euros at the end of the quarter – an increase of 15.2 million euros compared to December 31, 2024. The company attributes this increase to the business of the business typical of the first quarter.
In the reporting period, Marcolin also announced the early extension of the license agreement with Max Mara until 2032. The partnership that has existed since 2020 includes the design, production and global distribution of sunglasses and correction versions of the brand.
This article was used with digital tools translated.
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