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Geox sales rise

Geox, the Italian comfort footwear brand, saw sales rise 21% to €464.1 million (£363.4m) for the first half of the year.

EBITDA rose 5% to €118.3m (£93.2m), with net profit up 13% to €78m (£61.5m) for the first half of the year to July 29.

Chairman and founder Mario Moretti Polegato said: "We are satisfied with the results achieved in the first half of 2008 that shows a consistent growth of 21% at constant exchange rates. Although the current macroeconomic situation remains difficult and consumer goods demand is volatile, we are confident that Geox Group will continue to grow significantly even this year, also based on the excellent orders backlog for the autumn collections, which is showing a 19% growth."

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