By  on April 12, 2006

MILAN – Giorgio Armani SpA on Wednesday reported double-digit growth in profits and revenue for last year and said first-quarter retail sales were up 8 percent.

Earnings before interest and taxes for the 12 months ended Dec. 31, rose 18 percent to 191 million euros, or $238.8 million. Sales for the period advanced 10 percent to 1.42 billion euros, or $1.8 billion, which Armani termed a “record level.”

All dollar figures have been converted from the euro at average exchange rates for the period.

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