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Zignago lifts consolidated turnover

30 July 1998: Italy“s Industrie Zignago S. Margherita SpA, which belongs to the textile group Marzotto, reported consolidated turnover up 8.4% in the first half of 1998, compared with the same period…

30 July 1998: Italy“s Industrie Zignago S. Margherita SpA, which belongs to the textile group Marzotto, reported consolidated turnover up 8.4% in the first half of 1998, compared with the same period last year. Exports represented 28.9% of turnover (previously 28.6%). The gross operating profit, as a percentage of net income, rose to 25% from 22.4%. The net financial position was ItL 56.2 billion.

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