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Salvatore Ferragamo SpA (SFER.MI)

SFER.MI on Milan Stock Exchange

19.92EUR
20 Jul 2018
Change (% chg)

€-0.10 (-0.52%)
Prev Close
€20.03
Open
€19.95
Day's High
€20.19
Day's Low
€19.86
Volume
445,187
Avg. Vol
571,564
52-wk High
€25.50
52-wk Low
€19.31

Latest Key Developments (Source: Significant Developments)

Ferragamo Finanziaria Says Sold About 5.9 Mln Ordinary Shares In Salvatore Ferragamo S.P.A.
Wednesday, 20 Jun 2018 02:24am EDT 

June 20 (Reuters) - FERRAGAMO FINANZIARIA: :SOLD ABOUT 5.9 MILLION ORDINARY SHARES IN SALVATORE FERRAGAMO S.P.A..SHARE SALE EQUAL TO 3.5% OF THE SHARE CAPITAL HELD IN SALVATORE FERRAGAMO, IN THE CONTEXT OF AN ACCELERATED BOOKBUILT OFFERING.GOLDMAN SACHS INTERNATIONAL ACTED AS SOLE BOOKRUNNER OF THE TRANSACTION..SETTLEMENT OF THE TRANSACTION WILL TAKE PLACE ON 22-JUNE-2018.  Full Article

Ferragamo will take time needed to find right CEO replacement-chairman
Thursday, 8 Mar 2018 12:16pm EST 

March 8 (Reuters) - Salvatore Ferragamo Chairman Ferruccio Ferragamo tell analysts at a post-results conference call::HIS INTERIM ROLE TO LAST AS LITTLE AS POSSIBLE BUT COMPANY WANTS TO TAKE TIME NECESSARY TO FIND RIGHT PERSON TO REPLACE CEO POLETTO.NEXT CEO WILL KEEP UP POLETTO'S WORK, THERE WILL BE NO MANAGEMENT RESHUFFLE, COMPANY HAS GREAT POTENTIAL.  Full Article

Ferragamo Chairman rules out sale of fashion company
Thursday, 8 Mar 2018 12:00pm EST 

March 8 (Reuters) - Italy's Salvatore Ferragamo Chairman Ferruccio Ferragamo tells analysts at post-results conference::SALE OF THE COMPANY IS "OUT OF QUESTION".NEW CEO WILL NOT BE A MEMBER OF CONTROLLING FAMILY OR OF CURRENT BOARD, WE NEED SOMEONE FROM OUTSIDE THE COMPANY.  Full Article

Salvatore Ferragamo 2017 Prelim. Revenue Of 1,393 Million Euros
Wednesday, 31 Jan 2018 11:36am EST 

Jan 31 (Reuters) - Salvatore Ferragamo Spa ::SAYS 2017 PRELIM. REVENUE OF 1,393 MILLION EUROS.SAYS REVENUES IN Q4 2017 REGISTERED A 8.4% DECREASE PENALIZED BY THE CURRENCIES TREND (-5.1% AT CONSTANT EXCHANGE RATES).  Full Article

Salvatore Ferragamo CEO sees 2018 as "another year of hard work"
Tuesday, 14 Nov 2017 11:05am EST 

Nov 14 (Reuters) - Salvatore Ferragamo Chief Executive Eraldo Poletto tells a post-results analyst call: :2018 is going to be "another year of hard work".  Full Article

Italy's Ferragamo to start publishing interim financial reports
Tuesday, 10 Oct 2017 06:39am EDT 

Oct 10 (Reuters) - Italian luxury group Salvatore Ferragamo says::will start publishing interim financial reports as at March 31 and September 30 each year, starting from November 14, 2017.wants to promote open and ongoing dialogue with financial community.  Full Article

Ferragamo says target of growing twice as fast as market is for medium-term
Monday, 31 Jul 2017 01:31pm EDT 

July 31 (Reuters) - Italy's Salvatore Ferragamo Chief Executive Eraldo Poletto tells a post-results analyst call::target of growing twice as fast as the market, announced with business plan in February this year, is a medium-term goal, group is progressing, "it's going to take time to get there".there is a "gradual evolution towards the targets", with the bulk of group's actions already activated but that will require several months .group is working on wholesale to reduce losses in H2, which will remain "slightly negative".exchange rate with dollar is creating headwinds.not planning significant changes in pricing architecture.would like to extend offering in upper end, with more expensive bags and also strengthen the offer of small leather goods .  Full Article

Salvatore Ferragamo CEO sees improving trend for wholesale in H2
Monday, 31 Jul 2017 12:46pm EDT 

July 31 (Reuters) - Italy's Salvatore Ferragamo Chief Executive Eraldo Poletto tells a post-results analyst call: :group focusing on inventory in order to generate cash, generate space and have proper product mix.sees improving trend for wholesale in second half.destocking of inventory mainly carried out in H1, won't be at same level in the second half of year..  Full Article

Ferragamo early 2017 like-for-like sales show low single digit growth-CEO
Tuesday, 14 Mar 2017 02:34pm EDT 

Salvatore Ferragamo Chief Executive Eraldo Poletto tells analysts on a post-results conference call: group seeing "low single digit positive" growth in like-for-like sales in first months of the year Further company coverage: [SFER.MI] (Reporting by Milan newsroom).  Full Article

Salvatore Ferragamo 2016 like-for-like sales fell 4.4 pct - CEO
Tuesday, 14 Mar 2017 02:26pm EDT 

Salvatore Ferragamo Spa CEO Eraldo Poletto tells analysts in a post-results conference call: like-for-like sales fell 4.4 percent in 2016, group hopes for positive like-for-like this year . CFO Ernesto Greco says EBITDA margin in range of 25 percent is group's next objective . CFO Greco says sees no big improvement in results in first half of this year Further company coverage: [SFER.MI] (Reporting by Milan newsroom).  Full Article

Italy - Factors to watch on July 9

The following factors could affect Italian markets on Monday.