The Yoox share is traveling in the red on Piazza Affari, which one hour after the start of trading dropped 0,8%, achieving one of the worst performances of the Ftse Mib. The shares are affected by profit taking, which started yesterday (-1,8% at the end of the last session) after the exploit two days ago (+7%).
The internet retail company yesterday communicated its preliminary data for 2013 after closed markets. Estimates speak of net revenues of 455,6 million euros, up 21,2% (+25% at constant exchange rates) compared to 375,9 .2012 million euros in XNUMX.
In the fourth quarter of 2013 alone, the Group achieved a turnover of 136,3 million (+24,1%) thanks to the strong acceleration in Italy (+31,3%) and the multi-brand business line (+29,6 .XNUMX%).
The group expects to have closed the year with a positive net financial position of 20,5 million euros, an improvement on the 14,6 million euros at the end of 2012 thanks to the good generation of operating cash attributable to the expected improvement in the result net income and efficient management of working capital in the period.
