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Maramotti: deep red for the Ift holding

The accounts of International Fashion Trading, the holding company of the Maramotti family which owns the financial assets, recorded a loss of 195,1 million euros in 2013 - The effects of write-downs weigh heavily - Profit halved for the other holding company, Max Mara International .

Maramotti: deep red for the Ift holding

The accounts of International Fashion Trading remain in the red. The holding company of the Maramotti family which owns the financial assets and in particular the stake in Unicredit, in fact, closed 2013 with a loss of 195,1 million following a write-down of 220 million "on securities due to the depreciation recorded on these fixed assets during the year”. An even heavier liability than that recorded in 2012, when the loss was 144,6 million in 2012 after value corrections of almost 170 million.

On the other hand, the other Luxembourg holding company of the Maramotti family, Max Mara International, is still profitable, however its profits were halved in 2013, to 8,67 million euros against 19,7 million in 2012. year recorded expenses of 24,9 million against 25,6 million in 2012 against revenues of 33,6 million, down from 45,3 million in the previous year. 

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