Prada closes the year in January 2013 with a net profit up 45% and aims to continue the growth path with further investments to expand the retail network. The board proposed the distribution of a dividend of 9 euro cents per share.
Net profit, reads a note from the Italian luxury group listed in Hong Kong, stands at 625,7 million euros from 431,9 million in the previous year. For the fourth quarter alone, the figure rose to 217,1 million from 158,8 million. Ebitda in the year reaches 1,05 billion, with an increase of 38,6%.
“2012 represented a new record for our group both in terms of revenues and profitability. Based on these results and on a solid capital and financial structure, we will continue our growth path with further investments to expand the retail network, confident that, despite the uncertain general economic conditions, the work done in recent years represents the premise for future successes of our business”, comments CEO Patrizio Bertelli in the press release.
Prada closes the year in January 2013 with a net profit up 45% and aims to continue the growth path with further investments to expand the retail network.
The board proposed the distribution of a dividend of 9 euro cents per share.
Net profit, reads a note from the Italian luxury group listed in Hong Kong, stands at 625,7 million euros from 431,9 million in the previous year. For the fourth quarter alone, the figure rose to 217,1 million from 158,8 million.
Ebitda in the year reaches 1,05 billion, with an increase of 38,6%.
“2012 represented a new record for our group both in terms of revenues and profitability. Based on these results and on a solid capital and financial structure, we will continue our growth path with further investments to expand the retail network, confident that, despite the uncertain general economic conditions, the work done in recent years represents the premise for future successes of our business”, comments CEO Patrizio Bertelli in the press release.
