Aeffe S.p.A.

AEF

IT0001384590

Apparel & Accessories

Real-time Borsa Italiana Other stock markets 09:15:46 15/05/2026 BST			5-day change	1st Jan Change
0.1460 ^EUR	-2.99%		-12.87%	-55.79%

05:00am	Italy - Factors to watch on May 15	RE
05-14	Aeffe postpones approval of FY results to June 30	RE

Aeffe returns to profit in 2024, improves profitability

Published on 03/14/2025 at 04:39 pm GMT - Modified on 03/14/2025 at 04:40 pm GMT

Alliance News - Translated by Marketscreener - See original

AEFFE S.P.A.

-2.99%

(Alliance News) - Aeffe Spa reported Friday that it ended 2024 with revenues down to EUR251 million from EUR319 million.

Revenues from the ready-to-wear division fell 22% to EUR166.1 million while footwear and leather goods fell 25% to EUR106.2 million. Sales fell 21 percent in Italy, 22 percent in Europe and 21 percent in the Rest of the World.

Despite the decline in sales, the company reported significant increases in profitability: Ebitda rose to EUR84.7 million from EUR5.8 million, Ebit increased to EUR48.5 million from EUR27.1 million.

Net income also flew to EUR19.3 million from EUR32.1 million loss in the previous year.

The company invested EUR3.4 million in 2024, ending the year with debt lowered to EUR68 million from EUR152 milioin the previous year.

Also today, Giancarlo Galeone resigned from the company's board. Galeone does not hold shares in Aeffe nor is he due any severance pay.

Aeffe's stock closed Friday up 3.7 percent at EUR0.73 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Latest news about Aeffe S.p.A.

05:00am	Italy - Factors to watch on May 15	RE
05-14	Aeffe postpones approval of FY results to June 30	RE
05-13	Aeffe shares up 0.7% after Oxy Capital makes preliminary restructuring bid	RE
05-13	STM leads MIB gains as luxury downturn persists	AN
05-13	Aeffe in talks with Oxy Capital for group turnaround	AN
05-13	Aeffe receives preliminary, non-binding offer from Oxy Capital	RE
05-13	Italy - Factors to watch on May 13	RE
04-29	Aeffe CFO Rocco Bennici resigns	AN
04-29	Aeffe says Rocco Bennici resigns as CFO effective June 9, 2026	RE
04-29	Risk-off mood on European markets; Hera trails at the bottom	AN
04-28	Milan bourse gains ground despite Iran stalemate; UniCredit, Eni lead rally	RE
04-27	MIB slips below parity; Saipem catches a bid as Avio and STM retreat	AN
04-24	Milan bourse slips on Middle East deadlock; defense and banks drag while STM gains	RE
04-24	Milan bourse opens weak amid Middle East stalemate; defense and banks drag while STM gains	RE
04-24	Europe expected lower as focus shifts to US-Iran truce	AN

Chart Aeffe S.p.A.

Duration

Period

AEF: Dynamic Chart

Company Profile

Aeffe SpA is an Italy-based company engaged in the fashion and luxury goods sector. The Company is active in the design, production and distribution of products. The Company operates through two segments. The Pret-a-porter segment is involved in the design, production and distribution of luxury pret-a-porter garments and lingerie, beachwear and loungewear. This segment also handles the distribution of all products both through the retail channel and through the wholesale channel, as well as manages licensing agreements granted to other companies to manufacture Aeffe and Moschino branded product lines. The Footwear and leather goods segment, which is composed of Pollini and its subsidiaries, mainly handles the design, production and distribution of footwear, small leather goods, bags and matching accessorize. The Company offers its products under such brands as Moschino, Alberta Ferretti, Velmar, Blugirl, Cacharel and Jean Paul Gaultier, among others.

Employees

1,176

Sector

Apparel & Accessories

Calendar

05-27 - Earnings release - Annual 2025

More about the company