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Ferragamo: title creates sparks on the Stock Exchange after 2014 results

Very positive day a Business Square for the title of Salvatore Ferragamo which gains 1,3% to 28,88 euros after reaching a new high at 30 euros.

The rise in the shares of the Italian luxury brand is due to the results announced yesterday, with markets closed. The Ferragamo group closed 2014 with a ebitda of 293 million euros, up 13% compared to 260 million in 2013 and higher than expected.

I total revenues of Ferragamo they stood on 1.332 million euro, up 6% compared to 1.258 million in 2013. The group also underlined that the business trend in the first few months of the year confirms the expectation of further growth also for 2015.

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