(CercleFinance.com) – The title is picking up again this morning with a gain of 3% after yesterday’s decline (-2%) following the announcement of the results.
The group’s turnover of 630ME in the first half of 2022, increased by 20.3% compared to the first half of 2021.
EBIT was 95 million euros, up 44.7%, and net profit at 62 million euros, up 85.2% compared to the first half of 2021.
Gross operating profit (EBITDA) is at 180 million euros (+24.4% compared to 144 million euros at June 30, 2021).
“We have made excellent progress in delivering on our strategic priorities and will accelerate our investments in the second half of the year to strengthen platforms and regions to support our growth agenda. Our recently announced partnership with Farfetch provides us with a strong platform of technical capabilities and a target audience to fuel our digital growth ambition,” comments Marco Gobbetti, Managing Director and Managing Director of Salvatore Ferragamo SpA
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