Prada’s sales amounted €2,582m, i.e. 1.2% yoy growth upto October 2015. The retail network's sales were up by 3.8%, contributing to 87.3% of revenues. The wholesale channel's sales were down by 15.9%, contributing only 11.4%. The licensing business performed very well with a 16.2% increase in royalties to €33.5m. EBITDA amounted to €595.4m, drawing an EBIT of €373.9m and a net profit of €235.1m.

17 Dec 2015
China is not luxury anymore

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China is not luxury anymore
Prada S.p.A. (PRP:FRA) | 0 0 1.0% | Mkt Cap: 80,859m
- Published:
17 Dec 2015 -
Author:
Virginie Blin - Pages:
-
Prada’s sales amounted €2,582m, i.e. 1.2% yoy growth upto October 2015. The retail network's sales were up by 3.8%, contributing to 87.3% of revenues. The wholesale channel's sales were down by 15.9%, contributing only 11.4%. The licensing business performed very well with a 16.2% increase in royalties to €33.5m. EBITDA amounted to €595.4m, drawing an EBIT of €373.9m and a net profit of €235.1m.