Consolidated income within the first six months of 2017 reached 2.7 billion euros, up by 11% at present change charges and by 10% at fixed change charges, from related interval in 2016.
Through the first six months of 2017, income rose in all of the geographical areas worldwide. Asia excluding Japan posted a 14% enhance in income, pushed notably by continental China, which gained from constructive momentum. Japan (+three%) achieved sturdy development, regardless of the strengthening of the Yen. America (+9%) developed in a nonetheless contrasting atmosphere, and with a excessive comparability foundation within the second quarter. Europe (+7%) carried out very nicely, and France posted a very good enhance in group shops.
The efficiency within the first half confirmed the constructive momentum of the Prepared-to-wear and Equipment (+10%) and the Silk and Textiles enterprise traces. Progress in Leather-based Items and Saddlery (+12%) was sustained due to the success of the collections and the variety of fashions.
On the finish of June, foreign money fluctuations had been beneficial, representing a constructive impression of 35 million euros on income.