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.