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Geox SpA (GEO.MI)

GEO.MI on Milan Stock Exchange

2.18EUR
14 Aug 2018
Change (% chg)

€-0.02 (-0.73%)
Prev Close
€2.20
Open
€2.19
Day's High
€2.22
Day's Low
€2.16
Volume
207,632
Avg. Vol
442,193
52-wk High
€3.92
52-wk Low
€2.10

Latest Key Developments (Source: Significant Developments)

Geox H1 Net Profit Down At EUR 1.5 Mln
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Geox SpA ::H1 NET PROFIT EUR 1.5 MILLION VERSUS EUR 8.4 MILLION YEAR AGO.H1 NET SALES EUR 414.1 MILLION VERSUS EUR 451.1 MILLION YEAR AGO.H1 ADJUSTED EBITDA EUR 27.3 MILLION VERSUS EUR 41.2 MILLION YEAR AGO.CERTAIN DEGREE OF PRUDENCE IS STILL REQUIRED WHEN FORECASTING REVENUES AND OPERATING RESULT FOR THE FULL-YEAR.IMPROVED SALES TREND IS EXPECTED IN SECOND HALF OF YEAR AND EXPECTATIONS FOR IMPROVEMENT IN PERCENTAGE GROSS MARGIN HAVE BEEN CONFIRMED.SEEMS VERY CHALLENGING THAT H2 FACTORS WILL BE ABLE TO COMPENSATE FOR DECLINE IN SALES IN H1.STRATEGIC REVIEW OBJECTIVES WILL BE PRESENTED SHORTLY IN NEW 2019-2021 BUSINESS PLAN.  Full Article

Geox Signs Merger Act For Incorporation Of Unit G.R. MI
Wednesday, 20 Jun 2018 

June 20 (Reuters) - Geox SpA ::SIGNS MERGER ACT FOR INCORPORATION OF UNIT G.R. MI IN GEOX.  Full Article

Geox Q1 Revenue Down 11.2 Pct At EUR 264.5 Mln
Tuesday, 15 May 2018 

May 15 (Reuters) - Geox SpA ::Q1 REVENUE EUR 264.5 MILLION VERSUS EUR 297.9 MILLION YEAR AGO.SAYS RATIONALISATION OF DIRECTLY OPERATED STORES WAS 'SUBSTANTIALLY' COMPLETED IN Q1.INITIAL ORDER COLLECTION FOR FALL/WINTER 2018 (WHOLESALE CHANNEL) IS UP 3%.STORES MANAGED BY THIRD PARTIES WILL STILL BE SUBJECT TO CERTAIN DEGREE OF RATIONALIZATION DURING YEAR.CONFIRMS EXPECTATIONS FOR IMPROVEMENT IN PERCENTAGE GROSS MARGIN IN 2018.Q1 SALES IMPACTED BY REDUCTION OF WINTER STOCK, OPTIMIZATION OF MONO-BRAND STORES AND UNFAVOURABLE WEATHER.PERFORMANCE IN APRIL AND MAY IS RECOVERING WELL TO DATE.  Full Article

Geox 9-month revenue down at EUR 732.7‍​ mln
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - GEOX SPA ::9-MONTH REVENUE EUR 732.7‍​ MILLION VERSUS EUR 739.3 MILLION YEAR AGO.WITH REGARD TO FY 2017, EXPECTS SLIGHT FALL IN SALES BUT SIGNIFICANT INCREASE IN PROFITABILITY YEAR ON YEAR.ORDER BACKLOG (WHOLESALE CHANNEL) FOR 2018 SPRING/SUMMER SEASON SHOWS 3.5% GROWTH‍​.  Full Article

Italy - Factors to watch on Aug. 1

The following factors could affect Italian markets on Wednesday.