PENNYBLACK

Company Max Mara Fashion Group S.r.l.
Country Italy
Email info@maxmarafashiongroup.com
Telephone +39 0522 3581

Market Segment Bridge
Core Business Apparel

PENNYBLACK Financial Report

Max Mara Fashion Group S.r.l. Financial Report 2019

Income Statement Trend

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Total Revenue

It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.

Operating Margin

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Net Profitability

It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.

Profit Ratio

It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.

Income Statement Highlights

in Millions of EUR	2019	2018	Δ 2019/2018	2017	Δ 2018/2017	2016	Δ 2017/2016	CAGR
Total Revenue
Cost of Sales
Gross Profit
Operating Income
Net Income

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Balance Sheet Highlights

in Millions of EUR	2019	2018	Δ 2019/2018	2017	Δ 2018/2017	2016	Δ 2017/2016	CAGR
Current Assets
Total Assets
Current Liabilities
Equity

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Official Websites

PENNYBLACK website

pennyblack.com

PENNYBLACK ecommerce

store-it.pennyblack.com/

Official Social Media

Brand Description

Establishment

Year

1978

City

Reggio Emilia

Country

Italy

Founder

Achille Maramotti

Designer

Team of designers

Profile

PENNYBLACK is designed, created, produced and distributed by Manifatture del Nord, part of Max Mara Fashion Group. Founded in 1978 PENNYBLACK is one of today's most popular women fashion brands in Italy and is constantly growing and widely spreading in Europe, Central Asia, Far East, South America and Australia.
PENNYBLACK's distinguishing traits are good value for money and totally satisfies the needs of today's outgoing and self confident woman, who is seeking a sophisticated but easy-to-wear style, and is looking for high quality fabrics and accurate finishing.
The Collections are designed by a group of innovative young designers from all around the world, confirming that the company pays attention to the new and most interesting emerging fashion scene.