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PRADA (01913.HK) 3M24 Net Revenue Grows 16.5% to EUR1.187B
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PRADA (01913.HK) announced that it generated net revenues of EUR1.187 billion in the three months ended 31 March 2024, up by 16.5% YoY in constant exchange rate terms. Exchange rate fluctuations reduced growth by 5% to 11.5%. During the period, retail net sales increased by 17.9% to EUR1.071 billion. It accounted for 90% of total net revenues, in line with 2023 levels. Within the quarter, Asia Pacific continued to see solid performance, with retail net sales increasing by 15.7%. Europe grew by 18.1%, while the Americas grew by 5%, a slight improvement from the previous quarter. Japan remained the top performer, with retail net sales increasing by 45.6%, driven by strong local consumption and tourists. AAStocks Financial News |
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