Salvatore Ferragamo posts 30% first-half profit incr - leatherbiz: Lea Leatherbiz

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Salvatore Ferragamo posts 30% first-half profit increase

02/09/2011

Italian footwear company Salvatore Ferragamo has announced that its first-half net profits rose 32.4% to EUR45.7 million in the period.

 

The Florence-based firm said first-half core earnings before interest, tax, depreciation and amortisation rose 59% to EUR83.8 million, with a margin on sales of 18.2% from 14.9% a year before.

 

 



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