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Moncler achieves revenues close to 3 billion in 2023 - Breaking news

2024-02-28T17:24:49.698Z

Highlights: Moncler achieves revenues close to 3 billion in 2023. EBIT for the year was 894 million euros with a margin of 30.0%. net cash is over 1 billion euros. "The context in which we operate remains complex and unpredictable.    We will face it by remaining vigilant, strengthened by our agility and reactivity", states the president and CEO, Remo Ruffini. The board of directors also approved the proposal to distribute a dividend of 1.15 euros per share.


Moncler closes 2023 with group revenues close to 3 billion euros, up 17% and with both brands (Moncler and Stone Island) accelerating in the fourth quarter. (HANDLE)


Moncler closes 2023 with group revenues close to 3 billion euros, up 17% and with both brands (Moncler and Stone Island) accelerating in the fourth quarter.

The board of directors also approved the proposal to distribute a dividend of 1.15 euros per share.


    The EBIT for the year was 894 million euros with a margin of 30.0%.

net cash is over 1 billion euros.

The group net result is 611.9 million euros compared to 606.7 million in 2022 which included an extraordinary tax benefit of 92.3 million for the realignment of the tax value of the Stone Island brand.


    "The context in which we operate remains complex and unpredictable.


   We will face it by remaining vigilant, strengthened by our agility and reactivity. At the same time, we will continue to invest in our organisation, our brands and the exceptional talent within our Group, with a long-term vision and pushing us towards ever higher heights", states the president and CEO, Remo Ruffini.


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Source: ansa

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