Very positive day in Piazza Affari for Salvatore Ferragamo, with the title that mid-morning travels up by 1,27%, traded at 14,37 euros per share. The positive outlooks received by most of the insiders questioned and the inauguration of a new single-brand store in Prague drove the shares in the last week.
Another decisive driving force these days for Ferragamo is was the projection of its 2011 and 2012 accounts published in Affari&Finanza di Repubblica, which described the strong growth of the group in the last period and in the near future, given the continuous expansion in China, currently the group's main market.
In fact, 2011 ended with revenues growing by 26,2%, to 986,5 million, with an Ebitda of around 175 million and an Ebitda margin of 18%. while the prospects for 2012 speak of revenues of 1,1 billion euros, Ebitda of 200 million and margins close to 19%.
