Ferragamo H1 net income declines 15.4 percent

As of June 30, 2017, the Salvatore Ferragamo Group posted total revenue of 718 million euros (850 million dollars), reporting a 1.1 percent against 1H 2016. Revenue growth at constant exchange rates was 0.1 percent. The net profit for the period, including a negative minority interest of 2 million euros (2.3 million dollars), was 76 million euros (90 million dollars), marking a 15.4 percent decrease. The group net profit was 78 million euros (92 million dollars), marking a decrease of 13.1 percent.