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Ferragamo is optimistic about the future
16.11.2012 2622

Ferragamo is optimistic about the future

The Italian shoe company Salvatore Ferragamo expects positive financial results for the 2012 year, based on the results of work over the past 9 months. Revenue growth for the reporting period amounted to 8% - largely due to the seasonal flow of tourists.

Salvatore Ferragamo announced an increase in net profit for 9 months to 84,7 million euros.

In Europe, revenue growth for the third quarter was 15,7%, despite the economic instability in Italy and Spain.

Worldwide sales for the 9 months (ending in September) increased by 18,7% to 832,6 million euros. Pre-tax profit amounted to 157 million euros (+ 18,6%). Based on materials from fashionunited.ru.

The Italian shoe company Salvatore Ferragamo expects positive financial results for the 2012 year, based on the results of work over the past 9 months. Revenue growth for the reporting period amounted to ...
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