Brief: Geox H1 Net Loss Up To EUR 19.6 Mln

GEOX SpA

28/07/2022 16:46

July 28 (Reuters) - Geox SpA  GEO.MI :
    * H1 NET SALES EUR 340.6 MILLION VERSUS EUR 264.0 MILLION
YEAR AGO
    * H1 LOSS EUR 19.6 MILLION VERSUS LOSS EUR 37.0 MILLION YEAR
AGO
    * EXPECTS DOUBLE-DIGIT GROWTH FOR ANNUAL REVENUES, EXPECTED
TO BE
ABOVE EUR 700 MILLION
    * TARGETS WOULD REMAIN ATTAINABLE EVEN WITHOUT SOLUTION TO
RUSSIA-UKRAINE CRISIS IN THE NEAR FUTURE
    * IN TERMS OF GROSS MARGIN, CPOMPANY EXPECTS TO RECOVER IN
SECOND
HALF OF 2022 GAP (-60 BPS) REPORTED IN H1

Further company coverage:  GEO.MI 

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