Salvatore Ferragamo RTW Fall 2020

MILAN — All channels and markets helped the Salvatore Ferragamo Group see an uptick in profits and revenues last year.

In the 12 months ended Dec. 31, net profit, excluding the IFRS 162 accounting standard, was up 1.7 percent to 92 million euros, compared with 90 million euros in the previous year.

Revenues rose 2.3 percent to 1.37 billion euros, compared with 1.34 billion euros in 2018.

Earnings before interest, taxes, depreciation and amortization were down 4.3 percent to 205 million euros, compared with 214 million euros at the end of December 2018.

 

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