Geox noted growth of 9,3%
10.03.2015 5691

Geox noted growth of 9,3%

Geox ended 2014 with a turnover of 824,2 million euros, an increase of 9,3% compared with 754,2 million a year earlier.

The group again ended the reporting period at a loss, but the net indicator fell to 2,94 million euros from 29,74 last year.

“The results achieved by the group in 2014 confirm the correctness of the chosen path of renewal and development. - said Mario Moretti Polegato, President and Founder of Geox. - Sales growth was noted both in multi-brands (+ 15,9%) and in franchised stores (+ 10,4%). Our own points of sale also recorded strong performance with a 7,9% increase in revenue in 2014. "

The company is optimistic about the future and plans to continue development in Italy (33,1% of turnover), and in other European markets.

Geox ended 2014 with a turnover of 824,2 million euros, an increase of 9,3% compared to 754,2 million ...
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