Benetton's Streamlined Business Performance Has Risen Rapidly.
Benetton Group Srl, the Italy Garment Group, is improving its profitability in 2015, but its overall revenue has not improved. The group reviewed its annual performance at its annual board last week, and appointed a new chairman instead of Benetton. Family services 30 years of Gianni Mion.
Benetton Group Srl, Srl, has already split its industrial and real estate business by the end of 2014, and its performance in 2015 represents only the clothing business. Annual group income fell 1.2% to 1 billion 529 million euros compared with the same period last year.
Core profit EBITDA's annual growth rate rose 34.5% to 54 million euros, compared with 40 million euros last year. Benefited from comparable sales growth in direct channel 6%, operating profit reached 2 million euros, while operating loss in 2014 was 17 million euros. The net loss has also shrunk by half to 46 million euros in the previous year of 91 million euros, including 18 million euros in taxes and 21 million euros in one-time expenditure. The Group expects to turn around this year.
Benetton Group Srl Benetton began restructuring in 2014, when the post of Alessandro Benetton outgoing chairman gave Gianni Mion, meaning the first time since the group's 50 year history was from non Benetton. Benetton Leadership of family members. At the same time, the CEO of the group was also changed from Biagio Chiarolanza to Marco Airoldi.
Last week, the board of directors of Benetton Group Srl Benetton appointed Francesco Gori Gori, the former chief financial officer of Pirelli & C. SpA Pirelli tire, as the non-executive chairman. The market regards the transaction as a sign that the group wants to return to the open market or open its external investment after delisting in 2012. However, it is known that these operations will not be considered until the reorganization is completed after two to four years.
By the end of 2015, the net financial position of Benetton Group Srl, Benetton was 85 million euros, an increase of more than 150% over 33 million euros in the same period of the previous year. The group has closed more than 300 stores so far, but the global store network still has 5000 stores. The group concentrates on United Colors of Benetton and Sisley two brands.
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