The Benetton Group Board of Directors has concluded and unanimously approved the 2023 consultative budget project, which will be submitted for approval to the Shareholders’ Meeting, called for 18 June 2024. This is what sources close to the group report Benetton who highlight how “the shareholder Edizione will support the reorganization and relaunch plan of the Benetton Group by allocating 260 million euros in the coming years” while “in the last three years Edizione has allocated 350 million euros to the Benetton Group’s activities”.
In 2023 Benetton Group achieved a turnover of 1,098 million euros, an ebit of -113 million euros, a loss of 230 million euros (also due to 150 million in write-downs) while the net equity amounted to 105 million.
