Marcolin Bounces Back with 2.1% Sales Surge in First Nine Months

Marcolin manages to boost its turnover after a down year. The Italian optics group has increased its sales by 2.1% in the first nine months of the year, to €416.6 million, almost nine million more than in the same period of 2024. The company records these figures after a last fiscal year with declining sales.

The gross operating profit (ebitda) increased by 4.3% to €68.5 million, compared to the €65.7 million recorded last year, as the company reported in a press release.

Marcolin is also in the process of changing hands. After 23 years in the portfolio of Pai Partners. In September of this year, its sale to Marchon’s parent company, U.S.-based Vsp Vision, was announced. The company expects this integration to be completed in the last quarter of the year.

Its main markets continue to be Emea (a region that includes Europe, the Middle East and Africa) and the Americas. The former reported a turnover of €218.6 million, 7.6% more than in the same period last year. The Americas, however, showed a negative performance, with sales of €142.7 million, a decline of 5.5% as a result of weak consumption.

Marcolin’s sales in the Americas, its main market, fell by 5.5%

For Marcolin, Asia is positioned as a strategic and high-potential market, “fully recovered during the third quarter from its temporary slowdown,“ the company notes.

Marcolin manages the optical licensing of luxury and retail brands such as Tom Ford, Geds, Zegna, Max&Co. and Skechers, with which it renewed last year. In addition, it also secured agreements with Christian Louboutin and Abercrombie&Fitch.

In its fiscal year 2024, the company saw sales decline by 2.23% from 2023. This amounted to sales of €545.8 million. However, its ebitda was up by as much as 10.25%, and pre-tax profit came in at €57 million, up 11.58%.