Ferragamo Released Last Year's Financial Results Sustained Fever
Italy Luxury goods Group Ferragamo released its 2014 full year financial results: Sales of 1 billion 332 million euros, an increase of 5.9% over the same period (fourth quarter year-on-year growth of 9.3%), an increase of 6.5% over the same period (fourth in the year to +7.7%), and a pre tax profit of interest tax depreciation and amortization (EBITDA) of 293 million euros, an increase of 13% over the same period (fourth quarter year-on-year growth 32%); before interest tax. profit (EBIT) 245 million euros, an increase of 12% over the same period, and net profit of 164 million euros, an increase of 2% over the same period last year.
By Region (by constant exchange rate):
The Asia Pacific region accounted for 37% of the first big market. Despite the adverse effects of the political tension in Hongkong, the annual sales increased by 5% year-on-year (7% in the fourth quarter), of which the sales performance of the Greater China region was quite encouraging, and the year-on-year sales grew by 18%.
Despite political tensions and weak tourism, Economics The impact of recession has continued to maintain a good performance in the European market, with year-on-year sales rising 9% year-on-year (fourth quarter year-on-year growth of 14%).
The annual sales in North America increased by 5% year-on-year (the fourth quarter year-on-year growth rate was only 2%, significantly lower than the fourth quarter growth rate of 11% in the fourth quarter of 2013).
Japan's annual sales grew 4% year-on-year (fourth quarter year-on-year growth of 6%), which was affected by the depreciation of the yen, and the real exchange rate fell by 4%.
Sino US and South American sales increased 14% year-on-year (fourth quarter year-on-year growth of 17%).
According to the sales channel (according to the constant exchange rate):
The company currently has 373 Direct stores and 270 third outlets.
In 2014, retail business revenue increased 5% year-on-year (fourth quarter year-on-year growth of 6%).
In 2014, same store sales increased 2% year-on-year (fourth quarter year-on-year growth of 4%).
With the help of good performance of tourism retail channels, wholesale income in 2014 increased by 10% over the same period (fourth in the fourth quarter).
By category (by constant exchange rate):
Sales of handbags and leather goods were particularly outstanding, year-on-year sales increased by 13% compared with the same period, while shoe sales increased by 5% year-on-year, accounting for 78% of the total sales.
The annual sales of perfume increased by 5% over the same period last year, and the fourth quarter contributed the most, with a year-on-year growth rate of 23%.
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