Geox reports 31% growth in sales
Italian classic and casual footwear manufacturer, Geox S.p.A., has reported sales of €228.6 million for the first half of 2005, up 31% from €174.6 million in H1 2004. Net profit reached €37.3 million (16.3% margin) up 34%, compared with €28.0 million in the same period of 2004.
Footwear accounted for 96.6% of the company’s consolidated sales, growing by 29% as compared with the first six months of 2004.