Brief: Geox won't be impacted by ruble depreciation, CEO says

GEOX SpA

24/02/2022 16:23

Feb 24 (Reuters) - Geox CEO Livio Libralesso tells analysts
in a post-results call: 
    * GROUP ANTICIPATED ALL DELIVERIES TO RUSSIA, THE CORRIDOR
POLAND-BIELORUSSIA-RUSSIA IS STILL OPEN AND CO IS STILL
DELIVERING GOODS, WE ARE AT 45% OF SUMMER 2022 COLLECTION
DELIVERIES IN RUSSIA
    * GEOX CEO SAYS GROUP IS STUDYING HOW TO DELIVER GOODS
DIRECTLY
FROM FAR EAST TO MOSCOW, WITHOUT ENTERING ITALY
    * GEOX CEO SAYS GROUP WILL NOT BE IMPACTED BY RUBLE
DEPRECIATION
BECAUSE  IT HAS COVERED ITS RECEIVABLES


 (Reporting by Milan newsroom)