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Moncler: profits +29%, debt more than halved

Moncler closed 2015 with revenues of 880,4 million, an increase of 27% compared to 2014 – The company has proposed paying dividends of 0,14 euros, i.e. for a total dividend of 35 million.

Moncler: profits +29%, debt more than halved

Moncler it closed 2015 with revenues of 880,4 million, an increase of 27% compared to 2014 (+19% at constant exchange rates). Ebitda stood at 300 million against 232,9 the year before. Profit also rose to 167,9 million from 130,3 in 2014 (+29%). Financial debt at the end of 2015 amounted to 49,6 million compared to 111,2 million at the end of 2014.

The company has proposed to pay dividends of 0,14 euros, i.e. for a total dividend of 35 million. A stock grant plan was also approved and the authorization to buy treasury shares was proposed. “Although the scenario remains uncertain – commented the president and CEO, Remo Ruffini – I am confident that this too will be a year of further growth and consolidation for our brand”.

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