Giorgio Fedon & Figli has gone public on AIM, the alternative market of the Italian Stock Exchange for small and medium-sized enterprises. The Italian supplier of eyewear cases and other accessories has been listed on Euronext Paris since 1988 and will continue to trade there simultaneously. The goal of the cross-listing is to provide further support for the development of the brand, which is aiming to reach a turnover of €90 million in five years' time. Fedon expects to improve its operating profit before amortization (Ebitda) to €2.9 million this year on a sales increase of 2.9 percent to €62 million.

Topics