Prada: profit down, dividend at 12 cents (+9%)

Prada closed the 2016 financial statements, which ended on January 31st, with a net result of 278,3 million euros, down from the 330,9 million euros of the previous year and also from the 450,7 million of 2014. group revenues were 3,2 billion, down 9% at constant exchange rates over the entire year and 6% at constant exchange rates in the second half alone, when in any case "an improving trend" was recorded. The company proposes the payment of a dividend of 11 cents per share, up 9% compared to 2015.