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Stock market: Brunello Cucinelli soars after the 2013 accounts

The shares of the fashion house specializing in cashmere are on the stock market after the announcement of the 2013 accounts: net profit +10,9% and revenues +15,5% over the year – The group announced that it had raised to 0.11 euro per dividend action – For Nomura and Mediobanca, the stock is a bit expensive compared to the sector.

Stock market: Brunello Cucinelli soars after the 2013 accounts

Spotlights on Brunello Cucinelli, which is running on the Stock Exchange after the announcement, which arrived yesterday after the markets were closed, of the growth in profits and dividends. In fact, the shares of the fashion house specializing in cashmere advanced by more than 6% in the mid-morning in Piazza Affari, while in the same minutes the Italian stock market sailed in slightly negative waters. In addition, trading on the stock was very intense.

As mentioned, Brunello Cucinelli's prices were driven by the data for 2013 published yesterday: the Solomeo-based company closed the year with a 10,9% increase in net profit and a 15,5% increase in revenues, 0,11% and announced that it had raised the dividend from 0,08 euro to XNUMX euro per share.

A further push for the group's shares comes from the promotion of analysts, such as Nomura and Mediobanca Securities who, however, also point out how the Brunello Cucinelli share is a bit expensive compared to the sector.

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