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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Geox SPA | BIT:GEO | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.006 | -1.00% | 0.592 | 0.582 | 0.603 | 0.598 | 0.59 | 0.598 | 110,185 | 17:00:00 |
Shoe retailer Geox SpA's (GEO.MI) shares fell nearly 9% Thursday after the company said its current fall/winter 2009 order backlog is down 13%.
Earlier Thursday, Geox, best known for its rubber-soled footwear, said net profit fell to EUR72.4 million from EUR79.1 million a year earlier.
In the full-year 2008, Geox reported EUR892.5 million in sales.
It said it expects full-year revenue to be in line with a year earlier.
The news about the slump in the order backlog send the shares down. At 1026 GMT, Geox shares were trading down 8.6% at EUR5.46, against Milan's S&PMib index, which was down 1.8%.
Company Web site: www.geox.com
-By Sofia Celeste, Dow Jones Newswires; +39 06 69766923; sofia.celeste@dowjones.com
1 Year Geox Chart |
1 Month Geox Chart |
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