Marcolin doing well on Stock Exchange after D&G and Cavalli fashion shows

As part of the men's fashion week in Milan, shows by Dolce & Gabbana, on June 27, and Roberto Cavalli, yesterday, once again focused the spotlight on shares in Marcolin, the licensee for the eyewear by the two fashion houses.

The Company's shares in fact boast one of the best performances on the market, increasing by 3.68% to 1.15 euros. Volumes are also lively: over 27 thousand shares have changed hands.

According to one trader 'There isn't much trading in Marcolin shares because they are inactive and because they belong to a group that has low capitalization, so the slightest news sparks off a lively reaction'.

For the first quarter of 2004 the Marcolin Group's consolidated pre-tax net profits were 3.2 million euros compared to 0.5 million of the previous year. Billings rose by 14% to 48.9 million.

(Source: Il Sole 24 Ore Radiocor)