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Geox SpA (GEO.MI)

GEO.MI on Milan Stock Exchange

3.33EUR
18 Aug 2017
Change (% chg)

€-0.03 (-0.95%)
Prev Close
€3.36
Open
€3.32
Day's High
€3.37
Day's Low
€3.32
Volume
195,515
Avg. Vol
748,532
52-wk High
€3.46
52-wk Low
€1.79

Latest Key Developments (Source: Significant Developments)

Geox H1 EBITDA up at EUR 34.7 mln
Friday, 28 Jul 2017 12:07pm EDT 

July 28 (Reuters) - GEOX SPA ::H1 NET REVENUES EUR 451.1 MILLION VERSUS EUR 450.3 MILLION YEAR AGO.H1 NET PROFIT EUR 8.4 MILLION VERSUS PROFIT EUR 28,000 YEAR AGO.H1 EBITDA EUR 34.7 MILLION VERSUS EUR 22.1 MILLION YEAR AGO.COMPARABLE STORE SALES DOWN 0.6 PERCENT IN FIRST 29 WEEKS.REGARDING 2017, EXPECTS A SLIGHT INCREASE IN TOP LINE AND AN INCREASE OF PROFITABILITY COMPARED TO THE PREVIOUS YEAR.THE WHOLESALE CHANNEL IS EXPECTED TO RECORD "MID SINGLE DIGIT" GROWTH FOR THE ENTIRE YEAR.EXPECTS TO ACHIEVE LEVELS OF PROFITABILITY IN 2017 IN LINE WITH CURRENT MARKET EXPECTATIONS EVEN IF "CHALLENGING".  Full Article

Geox says wholesale channel solid with order backlog for fall-winter 2017 up 8 pct
Wednesday, 10 May 2017 11:35am EDT 

May 10 (Reuters) - GEOX SPA ::WHOLESALE CHANNEL PROVES TO BE SOLID, WITH ORDER BACKLOG FOR FALL-WINTER 2017 INCREASING BY +8%, AFTER ALREADY RECORDING FOR THE SPRING-SUMMER SEASON A +9% INCREASE IN ORDER BACKLOG.  Full Article

Geox Q1 revenue up 1.2 pct at EUR 297.9 mln
Wednesday, 10 May 2017 11:31am EDT 

May 10 (Reuters) - GEOX SPA ::CONSOLIDATED REVENUES FOR THE FIRST QUARTER OF 2017 INCREASED BY 1.2% TO € 297.9 MILLION (+ 0.1% AT CONSTANT EXCHANGE RATES).AS REGARDS THE CURRENT YEAR, MANAGEMENT BELIEVES THAT THE RESULTS OBTAINED AND THE ACTIONS TAKEN CAN CONFIRM THE POSITIVE EXPECTATIONS FOR THE YEAR.  Full Article

Geox shares lower after 2016 core earnings slump
Friday, 3 Mar 2017 03:10am EST 

Italian shoemaker Geox: shares down more than 4 percent in early trade after results . on Thursday the company said its core profits in 2016 fell 23 percent. [nL5N1GF6WY] Further company coverage: [GEO.MI] (Reporting by Milan newsroom).  Full Article

Geox terminates contract with CEO Giorgio Presca
Thursday, 12 Jan 2017 12:00pm EST 

Geox SpA :The company and CEO Giorgio Presca have reached an agreement to terminate Giorgio Presca's relationship as an employee and director effective from Jan. 12.  Full Article

Geox H1 net profit down to EUR 0.03 mln
Thursday, 28 Jul 2016 11:58am EDT 

Geox Spa : H1 revenue 450.3 million euros ($499.29 million) versus 426.9 million euros a year ago .H1 net profit 0.03 million euros versus 1.1 million euros a year ago.  Full Article

Geox Q1 net sales up 4.7 pct to EUR 294.3 mln
Thursday, 12 May 2016 12:11pm EDT 

Geox SpA : Q1 net sales 294.3 million euros ($334.94 million) versus 281.0 million euros a year ago .Chairman Mario Moretti Polegato says "With respect to the second half of the year, the orders already collected by the multi-brand channel for the 2016 Fall/Winter season, show a solid growth of 14 percent".  Full Article

GEOX SpA signs distribution contract in China
Thursday, 19 Nov 2015 11:33am EST 

GEOX SpA:Signs contract with Pou Sheng International for exclusive distribution of Geox adult footwear collections in China.Contract envisages opening of 350 new stores in the first 5 years, both one brand and shop in shop.  Full Article

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Geox expects to meet 2017 expectations due to wholesale, e-commerce

Italian shoemaker Geox expects a slight increase in turnover and profitability growth in line with challenging market expectations in 2017, it said on Friday.