By  on May 15, 2008

MILAN — Benetton reported Wednesday that net profits rose 8.6 percent to 29 million euros, or $40.3 million, on a 3.4 percent hike in sales in the first quarter.

Sales reached 465 million euros, or $646.3 million, in line with the full-year forecast. Currency conversions were made at average exchange rate for the period referred to.

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