The market rewards the listed company that manages Alberta Ferretti, which grew by 11.2% in 2018, already only in Italy
Revenues of 264.6 million euro (+ 13.1% at constant exchange rates and + 12.6% at current exchange rates), ebitda at 37.1 million (+ 22%), net profit of 16.1 million ( + 35%).
Aeffe, a fashion company listed on the Italian Stock Exchange – known for brands such as Alberta Ferretti, Philosophy, Moschino, Pollini and Cédric Charlier – closes with these results the first nine months of 2018. Italy grows by 11.2%, representing half of the turnover. Good Europe (+ 9.9%).
The US suffers, but above all because of the exchange rate (-4.4% at constant exchange rates, -9.9% at current rates).
Fly far East (+ 38%) “Despite a challenging environment also from a macroeconomic point of view, we are positive for the rest of the year and we expect a progression of turnover and a more than proportional increase for the whole year of marginality “said Massimo Ferretti, executive president. The 6% increase in orders for Spring / Summer 2019 contributes “to make us confident”.