Brief: Geox Sees 2029 EBIT Margin In Range Of 6-7%

GEOX SpA

13/03/2025 08:36

March 13 (Reuters) - Geox SpA GEO.MI:

SEES REVENUES OF EUR 850 MILLION IN 2029

SEES 2029 EBIT MARGIN AT AROUND 6-7%

EXPECTS NET DEBT REDUCTION TO EUR 30-40 MILLION IN 2029

TO INVEST EUR 110 MILLION OVER 2025-29

SEES PROGRESSIVE REDUCTION OF NET FINANCIAL DEBT (BEFORE IFRS 16) TO AROUND EUR 30-40 MILLION IN 2029

SEES EBIT ADJUSTED MARGIN GROWTH OF 2-3% ON SALES IN 2026

Further company coverage: GEO.MI

 (Gdansk Newsroom)

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