Italy's Ferragamo Q1 net rises 10 pct

MILAN Mon May 14, 2012 12:06pm EDT

MILAN May 14 (Reuters) - Italian luxury shoemaker Salvatore Ferragamo said on Monday its net profit including minorities in the first quarter rose 10.2 percent to 17 million euros boosted by higher sales.

In a statement, Ferragamo said revenues in the first three months rose 19.1 percent to 259.6 million euros with significant growth across its markets, product lines and distribution channels.

(Reporting By Stephen Jewkes)

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