Fashion group Valentino's operating result grow in Q3
14 Nov '05
4 min read
- the Group's net profit was €75.9 million (30th September 2004: €61,0 million). Net financial debt decreased to €359 million as at 30th September 2005, compared to €423 million as at 30th June 2005. Net financial debt was €462 million as at 30 September 2004.
The Group reached a significant free cash flow in the first nine months of the year, equal to €103.9 million (€14.5 million in the comparable period of 2004).
Italian fashion group The Valentino offers an array of complementary brands characterised by a consolidated global presence, excellent brand awareness, and strong product recognition. The Valentino Fashion Group is a natural extension of the Marzotto Group's industrial experience. Over the years, through specific acquisitions aimed to strengthen their presence in the clothing sector, it has gradually shifted approaches, becoming less production-oriented and more fashion-driven and market-oriented.
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