January 29, 2020 / 8:51 AM / 20 days ago

RPT-French fashion SMCP confirms 2019 guidance after sales growth

(Repeats earlier story, no changes to text)

PARIS, Jan 29 (Reuters) - French fashion company SMCP confirmed on Wednesday its 2019 guidance after posting an 8.7% growth in sales last year despite sharp market deterioration in Paris and Hong Kong.

The company, whose brands include Sandro and Claudie Pierlot, said in a statement its 2019 adjusted earnings before interest, tax, depreciation and amortization margin would be between 15.5% and 16% (Reporting by Sudip Kar-Gupta and Matthieu Protard; Editing by Muralikumar Anantharaman)

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