Growth for Geox
03/08/2016
Geox’s revenues come mainly from Europe. It reports Italy and the rest of Europe separately, but together, these two markets account for 75% of sales. Its revenues rose by 1% in Italy to €143.6 million over the six-moth period. In the rest of Europe (where its main markets are Austria, Benelux, France, Germany, the UK, Spain and Portugal, Scandinavia and Switzerland) Geox achieved sales of €195.8 million, an increase year on year of 7.1%.
The group’s chairman and founder, Dr Mario Moretti Polegato, said on announcing the results: “I am confident that the solid foundations of our business will continue to support our growth, helping us to face the challenges posed by volatile macroeconomic conditions and currency market fluctuations.”
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