28/08/2019
28 Wednesday 05:39 PM The Board of Directors has approved the 2019 Half Year Financial Report
Press Release BRUNELLO CUCINELLI: the Board of Directors has approved the 2019 Half-year Financial Report1 Net revenues of ?291.4 million, +8.1% at current exchange rates (+7.2% at constant exchange rates) compared to ?269.5 million at 30 June 2018; EBITDA of ?49.9 million, representing a margin of 17.1%; Normalized net profit2of ?22.8 million, 7.8% of net revenues; Sales growth of 9.5% in the international markets and 1.1% in the Italian market; Europe +9.7%, North America +9.0%, China +15.9%, Rest of the World +5.3%; Increase in all distribution channels: retail +12.0%, normalized wholesale monobrand +1.7%3, wholesale multibrand +6.5%; Capex of ?18.8 million and net debt of ?46.6 million....
