Salma Hayek

Pomellato, budget so so

Salma Hayek, wife of François Pinault, is now also a colleague of the French tycoon  luxury group founder Kering: the actress is, in fact, the new face of Pomellato, an Italian jewelry company that was purchased by the Parisian empire  just two years ago . Salma replaces the icy face of Tilda Swinton, who caused shivering (with cold) even in August. The job of the new ambassador, who has been shot voluptuously between the transparency of a pool in Los Angeles by Mert and Marcus, is also to warm the sales of the company famous also for rings Nudo, or for brand Dodo.

By the findings of the company’s financial records there is still a a long way to go. The last annual accounts available are those relating to 2013 (the 2014 budget has not yet been drafted). And just scroll down the columns for numbers to see how the situation of the company founded in 1965 by Pino Rabolini, conducted by Andrea Morante and chaired by Jean Marc Duplaix, needs a dash of good news. Nothing dramatic, mind you, but the crisis that envelops part of the jewelry world does not leaves out the company, which at the time that filed the accounts was split into two different entities: Pomellato SpA, the operating company, and the subsidiary Pomellato Europa.

The numbers speak for themselves: revenues in 2013 fell from 120.5 million euro to 117.7 million , a decrease by -2.37%. But worse was the gross operating margin (ie the one that determines the final result): the Ebitda, indeed, fell from 19.6 to 23.6 million, a decrease by almost 17%. A shrinking also for the cash flow, that is, the money cash: on 31 December 2013 Pinault has found 10.3 million euro, compared with 13.4 for the previous year. A situation that has brought profits down, fallen from 10.5 million to 6.7 million (-35.5%). On the other hand debts rose from 1,7 million to 2,5 million: in any case, a low figure compared to the level of income and the balance sheet of the company. Different situation for Pomellato Europa, which is a company of more small size. The subsidiary of its parent company, used for trading, closed with a loss of almost half a million euro compared to a profit of  413 thousand euro for the previous year, with revenues of 11.4 million. In short, gold jewelry, but numbers a bit less valuable. Federico Graglia

Andrea Morante
Andrea Morante

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