benetton reuters bng mc bloomberg ben im retail italy add g10111 50 initiating coverage next event 1h results 12th september 2002 mkt cap g1012 110m net debt 2002e g101829m book value per share g1017 28 range 12m g10116 1 9 77 av daily volume 295 100 free float 30 6 rel perf dj stoxx 1m 3m 11 5 abs 14 25 27 a solid brand with to be cropped out g110 the apparel sector is not going through best of times flat sales for textiles in eurozone 0 2 yoy and slightly positive figures eu 15 immune current situation its 1q02 casual wear were almost 4 consolidated fell by 3 2q02 does look have shown much improvement however management confident that there will recovery second half year expects finish positively intrinsic shares must stretched further into future lie great extent on strength
