MILAN (Reuters) -Golden Goose reported a 13% increase in net revenues at a constant exchange rate in the first half of the year, to 342 million euros ($400 million), the Italian luxury sneaker maker said on Wednesday.
Its core profit (EBITDA) rose 3% to 113 million euros, added the company, which is backed by private equity firm Permira.
WHY IT IS IMPORTANT
The group is still seen as an IPO candidate after it tried to list on the Milan bourse last year, but pulled the offering because of market volatility.
In May Golden Goose’s CEO told Reuters that a market listing was an excellent opportunity but ruled out an initial public offering this year and left the door open to M&A options.
($1 = 0.8542 euros)
(Reporting by Elisa AnzolinEditing by Keith Weir)
