Prada SpA Reports Strong Mid-Year Financial Growth

Prada SpA (HK:1913) has released an update.

Prada SpA has announced a robust financial performance for the first half of 2024, with a 17% increase in net revenues compared to the previous year, reaching Euro 2,549 million. The luxury group saw an impressive 93% sales growth in its Miu Miu brand and significant market gains across Japan, Middle East, Europe, and Asia Pacific. Furthermore, the company reported a healthy net income rise of 26% and maintains a positive net financial position.

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