Home / Knowledge / News / Fashion / Benetton net income to rise by 7% in 2008
Benetton net income to rise by 7% in 2008
27
Feb '08
Benetton has released 2007 results with major growth and prepares to double the trend in 2008 with an expected increase in sales of between 6 and 8% on a constant scope of consolidation basis, in addition to an increase of at least 7% in EBITDA, EBIT, and net income, which should top 155 million.

The investment strategy continues with CAPEX of over 500 million in the two-year period 2007-2008, of which 236 million realized last year and over 250 million budgeted for 2008, when its indebtedness should climb to about 650 million, or about 1.8 times its EBITDA.

They also envisage redefinition of the organization to give a bigger push to growth on mature markets and accelerate the development on emerging ones Benetton closes 2007 with major growth in its consolidated earnings and prepares to double the trend during the current year, which should show growth in sales of between 6 and 8% on a constant scope of consolidation basis, together with an increase of at least 7% in EBITDA, EBIT, and net income, which should thus top 155 million.

Click here to view more:

Benetton Group


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Lenzing

Textiles | On 25th Jun 2018

Lenzing launches Veocel nonwoven speciality brand

Leading fibre company, the Lenzing Group has unveiled Veocel, the new ...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search