Italian clothing retailer OVS reports double-digit net sales growth in Q3
16/12/2024 17:12
Dec 16 (Reuters) - Italian clothing retailer OVS
OVS.MI achieved double-digit growth in net sales in the third
quarter, mainly driven by sales in the women's department, CEO
Stefano Beraldo said on Monday.
Third-quarter net sales increased 12.8% year-on-year to
414.7 million euros ($435.93 million) and its adjusted earnings
before interest, tax, depreciation and amortisation (EBITDA)
rose by 31.7% to 42.2 million euros.
The group confirmed its 2024 growth guidance on revenue and
EBITDA.
($1 = 0.9513 euros)
(Reporting by Michela Stasio
Editing by Tomasz Janowski)
((Michela.Stasio@thomsonreuters.com;))