October 19, 2017 11:56 PM ET

Commercial Services and Supplies

Company Overview of Moleskine SpA

Company Overview

Moleskine SpA, together with its subsidiaries, develops, distributes, and sells notebooks, agendas, portfolios, handbags, writing tools, reading accessories, and services and applications for the digital world under the Moleskine brand name. It offers paper collections, such as notebooks, agendas, other home-office products, and gifts; and writing, travelling, and reading accessories, including pens and pencils, bags, eyewear, and reading lights; and analog/digital products and services. The company distributes its products in approximately 114 countries through a network of bookshops, department stores, stationers, museums, and other specialty stores, as well as through its B2B channel and ...

Viale Stelvio 66

Milan, MI 20159

Italy

Founded in 1997

363 Employees

Phone:

39 02 00 68 05 99

Key Executives for Moleskine SpA

Chief Executive Officer, Managing Director and Director
Age: 61
Chief Operating Officer
Compensation as of Fiscal Year 2017.

Moleskine SpA Key Developments

Moleskine SpA Announces Earnings Results for the First Half Ended June 30, 2017; Provides Sales Guidance the Second Half of 2017 and Earnings Guidance for the Year 2017

Moleskine SpA announced earnings results for the first half ended June 30, 2017. The company’s sales increased by 6.9% to EUR 64.6 million (+6.1% at constant exchange rates) in first half 2017. The operating result reached EUR 6.1 million compared to EUR 12.6 million in first half 2016 reflecting investments in future growth. Net debt reached EUR 301.4 million (of which a EUR 149.7 million intra-group borrowing) at the end of June 2017. Sales growth is expected to be solid in the second half of 2017. Wholesale revenue growth will be underpinned by new product launches (e.g. Smart Planner and new bags collections) and visual merchandising projects at key retailers. Moleskine reiterates its outlook: excluding the financing costs related to the acquisition by D'Ieteren, the adjusted consolidated result before tax, group's share, is expected to grow by more than 10% in 2017.

Moleskine SPA To Be Deleted From Other OTC

Moleskine SPA's unsponsored ADR (Italy) will be deleted from Other OTC, effective February 10, 2017. The deletion was due to ADR/GDR program terminated.

Moleskine SpA(UNQ:MSK) dropped from S&P Global BMI Index

Moleskine SpA(UNQ:MSK) dropped from S&P Global BMI Index

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