Prada has reported a sales depression in all geographies, with all brands and across almost all product categories. Margins have deteriorated. However, management aroused some hope of positive growth and margin improvement in 2018 thanks to the restructuring efforts rolled out. We remain cautious.
12 Mar 2018
Management shares some hope despite sales and margin deteriorations in 2017
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Management shares some hope despite sales and margin deteriorations in 2017
Prada S.p.A. (PRP:FRA) | 0 0 1.0% | Mkt Cap: 80,859m
- Published:
12 Mar 2018 -
Author:
Rim BEN SALAH -
Pages:
3
Prada has reported a sales depression in all geographies, with all brands and across almost all product categories. Margins have deteriorated. However, management aroused some hope of positive growth and margin improvement in 2018 thanks to the restructuring efforts rolled out. We remain cautious.