Italy shoemaker Geox sees 2024 ‘broadly in line’ with 2023

Italian shoemaker Geox on Thursday said it expects its 2024 revenue to be ‘broadly in line’ with 2023 after posting a 2.2% drop in full-year sales.

The group, which produces waterproof and breathable apparel and footwear, also said it expected a “slight” further improvement in industrial margins compared to its full-year 2023 guidance.

Geox reported sales of 719.6 million euros ($781.49 million) sales for 2023.