{
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Salvatore Ferragamo Shares Surge Following UBS Upgrade and 2024 Forecast Confirmation

Salvatore Ferragamo's shares surged over 5% on Piazza Affari, reaching €6.05, following an upgrade to "Neutral" by UBS. The luxury brand confirmed its 2024 forecasts, indicating potential asset write-downs of €70 to €90 million, which will not significantly impact its total assets of €1.736 billion as of June 30, 2024.
FIRSTonline
Euro Salvatore Ferragamo S.p.A. ITA Ernesto Auci Franco Locatelli
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11:58 03.12.2024
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