The Investment Period Of Brunello Cucinelli Has Ended.
In the first quarter, Brunello Cucinelli SpA EBITDA recorded a 19 million 200 thousand euro, an increase of 9.5% over the previous year, a EBITDA profit margin of 17.1%, a decrease of 40 basis points, and a net profit rise of 3.3% to 9 million 349 thousand euros after adjustment, which is actually down from 9 million 571 thousand euros in the same period last year.
The group can be seen in the first 18 weeks of May 3rd.
Same store sales
There is an increase of 4.8%.
On Tuesday, Brunello Cucinelli SpA shares closed down 16.66 euros, or 0.72%, and the stock has fallen 10% this year.
Italy cashmere
Luxury goods
Brunello Cucinelli SpA BC.MI released its first quarter earnings on Tuesday. As of March 31, 2015, Q1's revenue grew 12.1%, from 99 million 643 thousand euros a year earlier to 111 million 700 thousand euros, while the fixed exchange rate increased by only 8.6%.
Brunello Cucinelli SpA CEO Brunello Cucinelli expressed confidence in the group's double-digit growth throughout the year, and said that 2015 was the last year of the group's "three year investment period", benefiting from the investment plan group's solid foundation and continuing to focus on the technology of "Made" in Italy.
The euro's weakness is pushing up.
North American market
Revenue growth, the first quarter Brunello Cucinelli SpA North American market revenue recorded an increase of 34%, from 25 million 800 thousand euros in the same period last year to 34 million 500 thousand euros, accounting for 30.9%; European market revenue grew 5.5%, from 33 million 400 thousand euros a year earlier to 35 million 200 thousand euros; the Greater China market increased 10.2%, from 6 million 200 thousand euros a year earlier to 6 million 900 thousand euros.
At present, the international market represents 79.1% of the group.
Italy's domestic market revenue increased by 1.7%, from 23 million euros a year earlier to 23 million 400 thousand euros.
According to the channel, retail channel revenue increased 33.1% in the first quarter, from 32 million 900 thousand euros to 43 million 800 thousand euros in the same period last year, representing 39.2% share; wholesale channel revenue increased 1.3% to 12 million 700 thousand euros, representing 11.4% share; multi brand channel revenue increased 1.8%, from 54 million 100 thousand euros a year earlier to 55 million 100 thousand euros.
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