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Brunello Cucinelli S p A : Consolidated Financial Statements 2024 including Consolidated Sustainability Report.
Brunello Cucinelli S p A : Consolidated Financial Statements 2024 including Consolidated Sustainability
About this update from Brunello Cucinelli S.p.a.
[{"type":"text","content":"\n ANNUAL FINANCIAL REPORT\n \n \n \n (COURTESY TRANSLATION FOR THE CONVENIENCE OF INTERNATIONAL READERS)\n \n \n \n CONTENTS\n \n \n \n LETTER TO THE SHAREHOLDERS 4\n \n \n CORPORATE DETAILS 7\n \n \n CORPORATE GOVERNANCE BODIES AS AT 31 DECEMBER 2024 8\n \n \n THE BRUNELLO CUCINELLI GROUP AS AT 31 DECEMBER 2024 9\n \n \n GROUP STRUCTURE AS AT 31 DECEMBER 2024 10\n \n \n DISTRIBUTION NETWORK 11\n \n \n REPORT ON OPERATIONS OF THE BOARD OF DIRECTORS\n \n \n COMPANY PHILOSOPHICAL AND STRATEGIC REPORT 13\n \n \n COMPANY INFORMATION 15\n \n \n SUMMARY DATA AS AT 31 DECEMBER 2024 45\n \n \n THE GROUP'S RESULTS FOR THE YEAR 2024 48\n \n \n ANALYSIS OF REVENUES 48\n \n \n REVENUES BY GEOGRAPHICAL AREA 48\n \n \n REVENUES BY DISTRIBUTION CHANNEL 50\n \n \n REVENUES BY PRODUCT LINE AND END CUSTOMER 52\n \n \n ANALYSIS OF THE CONSOLIDATED INCOME STATEMENT 52\n \n \n EBITDA AND RESULTS 53\n \n \n OPERATING COSTS 53\n \n \n DEPRECIATION, AMORTIZATION, NET FINANCIAL EXPENSE AND NET PROFIT 56\n \n \n ANALYSIS OF BALANCE SHEET AND FINANCIAL ITEMS 59\n \n \n NET WORKING CAPITAL 59\n \n \n FIXED ASSETS AND OTHER NON-CURRENT ASSETS/(LIABILITIES) 61\n \n \n INVESTMENTS 62\n \n \n NET FINANCIAL DEBT 64\n \n \n SHAREHOLDERS' EQUITY 65\n \n \n \n RECONCILIATION BETWEEN SHAREHOLDERS' EQUITY AND NET PROFIT OF THE PARENT COMPANY AND CONSOLIDATED SHAREHOLDERS' EQUITY AND NET PROFIT 66\n \n \n INFORMATION ON CORPORATE GOVERNANCE 66\n \n \n PERFORMANCE OF THE COMPANY'S SHARE LISTED ON THE BORSA ITALIANA S.P.A. MILAN EURONEXT STOCK EXCHANGE 67\n \n \n SIGNIFICANT EVENTS DURING 2024 68\n \n \n RELATED PARTY TRANSACTIONS 69\n \n \n INFORMATION ON SIGNIFICANT COMPANIES OUTSIDE THE EU 69\n \n \n CERTIFICATION AS PER ART. 16, PARAGRAPH 4 OF THE MARKET REGULATION ADOPTED WITH RESOLUTION NO. 20249 OF 28 DECEMBER 2017 70\n \n \n MAIN RISKS AND UNCERTAINTIES 70\n \n \n RESEARCH AND DEVELOPMENT 73\n \n \n PUBLIC GRANTS 73\n \n \n ENVIRONMENTAL RISKS 73\n \n \n FINANCIAL RISK MANAGEMENT 74\n \n \n SIGNIFICANT EVENTS AFTER 31 DECEMBER 2024 77\n \n \n MANAGEMENT OUTLOOK 77\n \n \n CONSOLIDATED SUSTAINABILITY STATEMENT AT 31 DECEMBER 2024\n \n \n OUR IDEA OF HUMANISTIC CAPITALISM AND HUMAN SUSTAINABILITY 81\n \n \n GENERAL DISCLOSURES 82\n \n \n ENVIRONMENTAL INFORMATION 119\n \n \n SOCIAL INFORMATION 169\n \n \n GOVERNANCE INFORMATION 208\n \n \n CONSOLIDATED FINANCIAL...