FLORENCE, Italy, March 23 (Reuters) - Italy's Kiton is
interested in a potential market listing but sees an initial
public offer (IPO) as a long-term project, the fashion group's
chief executive said on Thursday.
An IPO "is one of our plans for the future, but not
something we do tomorrow morning.. it will take years", CEO
Antonio De Matteis said on the sidelines of an event in
Florence.
He added that the family owned group, which reported
revenues of 160 million euros ($174 million)last year, was
focused on growing under its own steam.
($1 = 0.9189 euros)
(Reporting by Silvia Ognibene
Writing by Elisa Anzolin
Editing by Keith Weir)
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