MILAN, Sept 9 (Askume) – Italian luxury sports shoe group Golden Goose said its adjusted core profit in the first half of this year rose 12% to 109.2 million euros ($120.57 million) as net income continued to rise .
On a constant currency basis, revenue grew 12% to €307 million, with Europe, the Middle East and Africa accounting for 48% of total net revenue.
Why is this important?
The Italian company, controlled by private equity firm Permira , postponed its initial public offering in June, citing market declines following European Parliament elections and France’s calling of a snap election.
At the time, the group said it would re-evaluate the IPO at an appropriate time.
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