The first 9 months (ending at the end of October) of the Prada group, which owns Miu Miu, Church's and CarShoe as well as the homonymous brand, ended positively: an Ebitda up 12,8% compared to a year earlier to 820,97 million euros and a net profit which grew by 7,9% to 440,88 million on a turnover which rose by 10,1% to 2,58 billion (+14,3$ at constant exchange rates).
This was communicated by the company which specifies that "in an economic climate of general contraction in consumer spending in some regions, the group has continued to expand its retail activities through new directly managed stores (DOS), recording growth of 13,8% in this channel % (+18,7% at constant exchange rates)”.
Again in the nine months to the end of October, the net financial position was equal to 303,5 million and the net operating cash flow was 612,8 million.