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Salvatore Ferragamo Italia SpA

SFER.MI

Latest Trade

11.78EUR

Change

0.03(+0.26%)

Volume

446,851

Today's Range

11.55

 - 

12.02

52 Week Range

9.50

 - 

21.72

As of on the Italian SE (Mercato Continuo Italia) ∙ Minimum 15 minute delay

Latest Developments

Ferragamo sees Q1 revenue falling by up to one third due to coronavirus

March 10 (Reuters) - SALVATORE FERRAGAMO <SFER.MI>, CEO Micaela Le Divelec and CFO Alessandro Corsi told analysts in post-results conference-call :LESS THAN 15 STORES STILL CLOSED IN CHINA.HAS BEEN CANCELLING SOME ORDERS FROM SUPPLIERS AS HAVE OTHER LUXURY BRANDS.KEEPING AN OPEN DIALOGUE WITH SUPPLIERS.WORKING TO ENSURE CONTINUITY OF BUSINESS OPERATIONS WITHIN FRAMEWORK OF RESTRICTIONS IN ITALY, NO EVIDENCE OF ANY ISSUES SO FAR.SEES REVENUE DECLINE IN Q1 OF BETWEEN ONE-FOURTH AND ONE-THIRD COMPARED TO LAST YEAR IF THINGS DON'T CHANGE.STARTING TO SEE SOME RECOVERY IN STORE TRAFFIC IN CHINA.WILL HAVE TO ADOPT A SPECIFIC DISCOUNTING STRATEGY WITHOUT JEOPARDISING EXCLUSIVITY OF THE BRAND.

Salvatore Ferragamo FY Net Profit At EUR 92 Mln

March 10 (Reuters) - Salvatore Ferragamo SpA <SFER.MI>::FY EBITDA AT EUR 205.0 MILLION (IFRS16 EXCLUDED).PROPOSES DIVIDEND OF EUR 0.34 PER SHARE.CAN'T FORECAST WITH SUFFICIENT DEGREE OF RELIABILITY REAL IMPACTS ON PERFORMANCE AND FINANCIAL STATEMENTS OF COVID‐19.FY NET PROFIT AT EUR 92 (IFRS16 EXCLUDED) MILLION VERSUS REFINITIV SMARTESTIMATE OF EUR 89 MILLION.TO IMPLEMENT ACTIONS TO PROTECT GROUP AND MITIGATE THE NEGATIVE EFFECTS OF CORONAVIRUS.ACTIONS INCLUDE CONTINUOUS AND ACCURATE MONITORING AND CONTROL OF ALL COSTS’ LINES, AS WELL AS LIMITING INVESTMENTS TO THOSE PROJECTS CONSIDERED ESSENTIAL IN ACTUAL CONTEXT.

Ferragamo FY Like-For-Like Sales Up 1.1 % Year/Year

Jan 28 (Reuters) - Salvatore Ferragamo SpA <SFER.MI>::FY REVENUES AT EUR 1.37 BILLION VERSUS REFINITIV SMARTESTIMATE OF EUR 1.38 BILLION.FY REVENUE UP 2.3 % AT CURRENT CURRENCIES.FY REVENUE UP 1.3 % AT CONSTANT CURRENCIES.FY LIKE-FOR-LIKE SALES UP 1.1 % YEAR/YEAR.

Standard Ethics Raises Its Outlook For Salvatore Ferragamo To "Positive"

Nov 13 (Reuters) - Salvatore Ferragamo SpA <SFER.MI>:STANDARD ETHICS CONFIRMS SALVATORE FERRAGAMO'S "E" RATING AND RAISED ITS OUTLOOK FROM "STABLE" TO "POSITIVE".

Ferragamo sees small rise in full-year sales, "reasonable" EBITDA around 200 mln

Nov 12 (Reuters) - Salvatore Ferragamo SpA <SFER.MI> CEO Micaela le Divelec and CFO Alessandro Corsi tell analysts in post-results conference call::LIKE-FOR-LIKE SALES IN PRIMARY CHANNEL, EXCLUDING HONG KONG, WERE POSITIVE IN Q3.CURRENT SALES TREND BROADLY ALIGNED TO RESULTS IN FIRST 9 MONTHS.FY REVENUES SEEN SLIGHTLY ABOVE LAST YEAR'S LEVEL.EBITDA CONSENSUS, EXCLUDING IFRS IMPACT, AT AROUND 200 MILLION EUROS "REASONABLE".2020 WILL BE ANOTHER YEAR OF INVESTMENTS FOR GROUP.

Salvatore Ferragamo 9-Month Revenues Up 2.3% At Current Currencies

Nov 12 (Reuters) - Salvatore Ferragamo SpA <SFER.MI>::9-MONTH REVENUES AT EUR 994 MILLION VERSUS REUTERS POLL OF EUR 994 MILLION.9-MONTH LIKE-FOR-LIKE SALE UP 1.4% YOY.9-MONTH EBITDA EX IFRS16 EUR 147 MILLION.9-MONTH REVENUE UP 1.9% AT CONSTANT CURRENCIES.9-MONTH REVENUE UP 2.3% AT CURRENT CURRENCIES.SLOWDOWN IN REVENUES AND OPERATING MARGINS IN Q3 MAY PERSIST ALSO IN LAST PART OF YEAR.

Ferragamo CFO says 2019 consensus targets "feasible"

July 30 (Reuters) - Salvatore Ferragamo SpA <SFER.MI> Chief Financial Officer Alessandro Corsi tells analysts in a conference call after H1 results::GROUP STILL EXPECTS FLAT EBITDA MARGIN IN FULL YEAR 2019 VERSUS 2018.2019 CONSENSUS REVENUE AND EBITDA TARGETS "FEASIBLE".CONFIRMS A CONSENSUS TARGET FOR 2019 OF 1.390 BILLION EURO IN REVENUES AND AROUND 220 MILLION FOR EBITDA.

Ferragamo Q2 Like-For-Like Sales Up 2.6% YoY

July 30 (Reuters) - Salvatore Ferragamo SpA <SFER.MI>::H1 NET PROFIT EUR 60 MILLION VERSUS REFINITIV SMARTESTIMATE OF EUR 61.1.H1 EBITDA EUR ‍​119 MILLION VERSUS REFINITIV SMARTESTIMATE OF EUR 122.5 MILLION.H1 REVENUES AT EUR 705 MILLION VERSUS REFINITIV SMARTESTIMATE OF EUR 700.7 MILLION.H1 LIKE-FOR-LIKE SALE UP 2.3% YOY.EXPECTATIONS FOR H2 ARE SUBSTANTIALLY IN LINE WITH RESULTS SEEN IN THE FIRST HALF.H1 REVENUE UP 4.6% AT CURRENT CURRENCIES.H1 REVENUE UP 4.4% AT CONSTANT CURRENCIES.Q2 LIKE-FOR-LIKE SALE UP 2.6% YOY.

Ferragamo CFO: Chinese Are Brand's Most Important Customers, Demand Increasing From Younger People

May 14 (Reuters) - Salvatore Ferragamo SpA <SFER.MI>'s CEO Micaela Le Divelec Lemmi and CFO Alessandro Corsi speaking to analysts on a post-results conference call::FERRAGAMO CFO SEES MID-SINGLE-DIGIT GROWTH IN OPEX FOR 2019, FOCUS ON COMMUNICATION, DIGITAL, PRODUCTS.FERRAGAMO CEO DOES NOT SEE SIGNIFICANT CHANGES IN MEDIUM TERM IN DISTRIBUTION NETWORK NOR IN PRICE POSITIONING.FERRAGAMO CFO SAYS CHINESE ARE BRAND'S MOST IMPORTANT CUSTOMERS, DEMAND IS INCREASING FROM YOUNGER PEOPLE, MEANS WE'RE GOING IN THE RIGHT DIRECTION.

Salvatore Ferragamo Q1 Revenues At EUR 317 Mln

May 14 (Reuters) - Salvatore Ferragamo SpA <SFER.MI>::Q1 REVENUES AT EUR 317 MILLION VERSUS REFINITIV SMARTESTIMATE OF EUR 315 MILLION.Q1 REVENUE UP 4.3 % AT CONSTANT CURRENCIES.Q1 ADJUSTED EBITDA EUR 34 MILLION.Q1 NET PROFIT EUR 11 MILLION.Q1 LIKE-FOR-LIKE SALE UP 2.2 % YOY.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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