By  on November 13, 2008

MILAN — Benetton Group SpA said Thursday that third-quarter net profits gained 12 percent and forecast upper-midsingle-digit revenues and earnings growth for the full year.

For the three months through Sept. 30, net profits reached 38 million euros, or $57.3 million, in line with analysts’ estimates. Revenues grew 6.9 percent to 538 million euros, or $810.6 million, buoyed by increased volumes, sales of higher value products, and gains in emerging markets, where the company has been opening stores.

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