(Alliance News) - Pozzi Milano Spa on Monday announced that it has renewed an agreement with a well-known Mexican retail chain, for an order of tableware products, worth about USD1.2 million-about EUR1.1 million.

"The agreement marks a further step forward in the development of the company internationally, which is already present in more than 70 countries worldwide, particularly in the American continent, an area with high growth potential for its brands," as the company explained in a note.

As of June 30, the area relating to North, Central and South America contributed about 13 percent to Pozzi Milano's total sales, with sales volume reaching EUR1 million, registering a growth of about 18 percent compared to the first half of the previous year.

Pozzi Milano trades up 15 percent at EUR0.93 per share.

By Claudia Cavaliere, Alliance News reporter

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