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INVENTORIES (Tables)

12 Months Ended

Dec. 31, 2023

Inventories [Abstract]

Disclosure of inventories

Inventories are as follows:

			At December 31,
			2023						2022
			(€ thousand)
Raw materials			203,247						142,430
Semi-finished goods			229,791						145,459
Finished goods			515,476						386,773
Total inventories			948,514						674,662

Disclosure of slow moving and obsolete inventory

Changes in the provision for slow moving and obsolete inventories were as follows:

			2023						2022
			(€ thousand)
At January 1,			110,963						102,098
Provision			20,822						18,021
Utilizations and other changes			(8,357)						(9,156)
At December 31,			123,428						110,963

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