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Prada's revenues rise to 4.7 billion, profit +44% - Breaking news

2024-03-07T12:56:23.006Z

Highlights: Prada's revenues rise to 4.7 billion, profit +44% - Breaking news. Retail sales reached 4.2 billion (+17% and +12%) with a fourth quarter (+17%) better than the previous three months. Net profit reached 671 million (+44%) and the board of directors proposes to the meeting on April 24th the distribution of a dividend of 0.137 euros per share (from 0.11 euros the previous year). Reproduction reserved © Copyright ANSA.


The Prada group closes 2023 with net revenues of 4.7 billion (+17% at constant exchange rates, +13% at current exchange rates) supported by the desirability of the Prada and Miu Miu brands. (HANDLE)


The Prada group closes 2023 with net revenues of 4.7 billion (+17% at constant exchange rates, +13% at current exchange rates) supported by the desirability of the Prada and Miu Miu brands.

Retail sales reached 4.2 billion (+17% and +12%) with a fourth quarter (+17%) better than the previous three months (it was +10%) reflecting solid underlying growth and a less challenging basis for comparison in China.

Net profit reached 671 million (+44%) and the board of directors proposes to the meeting on April 24th the distribution of a dividend of 0.137 euros per share (from 0.11 euros the previous year).


Reproduction reserved © Copyright ANSA

Source: ansa

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