piombo news and archive

OVS predicts positive trading ahead as nine-month sales improve by 11.1 percent

In the first nine months of the fiscal year, OVS made net sales of 1.09 billion dollars, up 11.1 percent compared to the previous year, and up 9.7 percent compared to pre-pandemic levels from 2019. The Italian clothing company hailed a strong recovery in sales during the period with the normalisation of weather conditions from the beginning of...

Business

OVS sales surpass pre-Covid levels, outlook positive

Net sales at OVS S.p.A. of 705.8 million euros, increased 17.8 percent during the first half period compared to H1 2021, and were up 8.5 percent compared to pre-covid period. The company said, on a like-for-like basis, sales rose 4 percent. Adjusted gross margin was in line with previous year and 90 basis points higher than 2019. Adjusted EBITDA...

Business

OVS raises full year outlook

Total sales in the first nine months of 2021 at OVS SpA amounted to 978 million euros, up 33 percent compared with the same period in 2020. For the entire FY21, the company expects net sales in a range of 1.33 to 1.35 billion euros, up from 1.30 to 1.32 billion euros announced at the time of publication of the half-year results and adjusted...

Business

OVS reports positive Q2, updates FY21 outlook

Second quarter net sales at OVS SpA reached 369.7 million euros, up 35.4 percent against the second quarter of 2020 and up 11 percent compared to the second quarter of 2019. First half net sales amounted to 599.2 million euros, 59.5 percent higher than the first half of 2020 and 7.9 percent lower compared to the first half of 2019, recovering...