Great expansion for the Aeffe Group in the first quarter of 2017, with a plus sign in all economic indicators. The turnover totalled 79.6 million Euro (+4,4% at constant exchange rates), to continue with an EBITDA of 15.4 million Euro (+11%) and a Group net profit of 8.1 million Euro (+41%). Good performance has also been recorded for the controlled production lines, while the Board of Directors has deliberated the renewal of the contract with Alberta Ferretti.
“We are particularly satisfied with the Group’s continuous expansion”, – Massimo Ferretti, Executive Director at Aeffe, has commented – “to which the positive trends of all the controlled brands have contributed. In addition, the sales campaign for the collections of the next Autumn/Winter season has ended with an increase by 13.1%, guaranteeing a certain degree of visibility and a good outlook for the ongoing year”.
As read in the financial press, during the first quarter, Moschino has grown by +7%, Alberta Ferretti by +14%, Pollini by +13.2% and Philosophy di Lorenzo Serafini by +15%.