Moncler's Board of Directors, which met today, examined and approved the Interim Management Report as at 30 September 2015. In the first 9 months of 2015 Moncler recorded:
• Consolidated Revenues: Euro 561,5 million, +25% compared to Euro 449,3 million in the first nine months of 2014; +17% at constant exchange rates
• Adjusted EBITDA: Euro 174,5 million, compared to Euro 136,1 million in the first nine months of 2014, with an EBITDA margin of 31,1%
• Adjusted EBIT: Euro 147,6 million, compared to Euro 117 million in the first nine months of 2014, with an EBIT margin of 26,3%
• Net Profit: Euro 92,7 million, compared to Euro 70,5 million in the first nine months of 2014, with an EBITDA margin of 16,5%
• Net Financial Debt: Euro 152,9 million, compared to Euro 111,2 million as at 31 December 2014 and Euro 217,8 million as at 30 September 2014
Remo Ruffini, President and Chief Executive Officer of Moncler, commented: “The results achieved in the first nine months of this year are once again higher than our expectations, not only in terms of turnover, up 17% at constant exchange rates and 25% at current exchange rates , but also operating profits and net profits, which increased by 28% and 31% respectively. Furthermore, the strong growth of stores open for over 12 months continued which, in the first nine months of 2015, recorded a 13% increase.
