Goes on file 2016 of Brunello Cucinelli, which closed with a Net income up 9,2% to 36,4 million euros and consolidated revenues of 456 million, +10,4% on an annual basis. The company's margins are growing: adjusted Ebitda rose to over 80 million (+13,7%) and adjusted Ebit amounted to 58,2 million.
Net financial debt decreased, -9,6% to 51 million. The board of the fashion house specializing in cashmere will propose the distribution of a growing dividend per share, to 0,16 euros against the 0,13 euros paid in 2015, with a payout of 29,9%, an increase compared to 26,5, XNUMX% of the previous year.
Business Square welcomed the 2016 accounts of Brunello Cucinelli, which in the late morning recorded increases of 1,7% over 21 euros per share. The state of health of the group is also certified by the analyst of Mediobanca Securities and Equita Sim, which raised the target price on the stock.
