Gucci has stepped up its sales by 28% lfl in Q4 and by 37% lfl in FY2018. Group sales were up 29.4% organically to reach €13,665m. The recurring operating margin strengthened by 400bp to 28.9% and the recurring operating profit was up 46.6% to €3,944m. The outlook is solid with a good start of the year for Gucci. No normalisation was reported.
12 Feb 2019
Gucci, the robust spine, expands sales and profits in FY18
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Gucci, the robust spine, expands sales and profits in FY18
Kering SA (KER:WBO) | 0 0 0.1% | Mkt Cap: 49,615m
- Published:
12 Feb 2019 -
Author:
Rim BEN SALAH -
Pages:
3
Gucci has stepped up its sales by 28% lfl in Q4 and by 37% lfl in FY2018. Group sales were up 29.4% organically to reach €13,665m. The recurring operating margin strengthened by 400bp to 28.9% and the recurring operating profit was up 46.6% to €3,944m. The outlook is solid with a good start of the year for Gucci. No normalisation was reported.