Sassi (CEO Valentino) : “our medium term target is €1 billion”

Dec 15, 2014 1016

"When two years ago Valentino was acquired by Qatar investment firm Mayhoola for €700 million, some might have thought that multiples were too high.

Instead, the Qatar fund had understood the group's sizeable growth potential. For this year, we estimate revenues to increase more than 30% to €650 million. And we expect to reach €1 billion in the medium term."

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Source: http://www.italy24.ilsole24ore.com

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