A positive 2014 for Salvatore Ferragamo which ended the year with consolidated revenues of 1,332 billion, up by 5,9% compared to 2013 (+6,5% the increase at constant exchange rates). These are preliminary data, the final accounts will be approved by the board of directors on 12 March. As regards the data relating to the last quarter of the year just ended, the group's revenues rose by 9,3% and by 7,7% at constant exchange rates.
The main market in terms of revenues is that of the area Pacific Asia from which comes 37% of total turnover, up 5% compared to 2013. But it must be highlighted how the Ferragamo brand has recorded 'plus signs' in the item 'revenues' on all the main markets: in Europe, revenues rose by 8,7%, in North America there is an increase of 5%. Very important data also from the areas of Central and South America where there was an increase of 14% in the twelve months of 2014 and +17% in the last quarter of the previous year.
In terms of the product sectors, the 'bags and leather accessories' and 'footwear' categories, which represent as much as 78% of the group's consolidated revenues, recorded increases in turnover of 13% and 5% respectively. As forecast, a double-digit increase (+23%) in the last quarter of 2014 also for the perfume sector which recorded +5% over the twelve months.
The positive data communicated by Ferragamo make the stock fly to Piazza Affari. In fact, at 10 am the Ferragamo share gained 2,11% on the Milan Stock Exchange.
