Moncler Spa Unsponsored ADR ( (MONRY) ) has released its Q4 earnings. Here is a breakdown of the information Moncler Spa Unsponsored ADR presented to its investors.
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Moncler S.p.A., a prominent player in the luxury fashion industry, is renowned for its Moncler and Stone Island brands, which emphasize unique brand experiences and community engagement across art, culture, music, and sports.
In its latest earnings report, Moncler S.p.A. announced impressive financial results for the fiscal year 2024, with group revenues exceeding EUR 3.1 billion, marking a 7% increase at constant exchange rates. The company achieved a robust EBIT of EUR 916 million, maintaining a 29.5% margin, and reported a net cash position above EUR 1.3 billion.
Key highlights include the strong performance of the Direct-To-Consumer (DTC) channel, which saw double-digit growth for both Moncler and Stone Island brands. Moncler’s revenues grew by 8% at constant exchange rates, with significant contributions from the Asia region and the DTC channel. Stone Island, despite a slight decline in overall revenues, showed positive trends in the fourth quarter with a 23% growth in Asia.
Looking ahead to 2025, Moncler remains focused on navigating a volatile macroeconomic environment through operational agility and innovation. The company plans to strengthen its brand presence globally and continue its commitment to sustainable growth and community engagement.
