The budget (not) wears Prada

Profit down to 249 million, revenues to 3.1 billion (-3.6%). Coupon at 7.5 cents
The budget (not) wears Prada
16 March 10:04 2018 Print This Article

Prada closed 2017 with revenues of 3.1 billion euros, down 3.6% from the previous year (-2% at constant exchange rates), and with a net profit of 249 million compared to 278 million euros 2016 (-10.4%). The net financial position is negative for 104 million, while the cash generation is strong, equal to 447 million. Proposed a dividend of 7.5 euro cents per share compared to 12 cents a year ago.

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