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Prada SpA (HK:1913)
:1913
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.3Last Year’s EPS
1.21Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: -4.74%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Positive
Prada Group showed strong financial performance and growth, particularly with Miu Miu's impressive sales increase and a robust net cash position. However, challenges remain in the Chinese market and a slight decrease in gross margin due to FX impacts.Company Guidance
During the Prada Group's full-year 2024 results presentation, CFO Andrea Bonini reported that the company achieved revenues of EUR 5.4 billion, marking a 17% increase at constant exchange rates. The EBIT reached EUR 1.28 billion, with a margin of 23.6%. The group ended the year with a notable net cash position of EUR 600 million. Retail sales stood at EUR 4.8 billion, up 18% from the previous year, driven by like-for-like sales and both average price and volume growth. Wholesale sales increased by 7%, and royalties rose by 17%. By geography, Asia Pacific grew by 13%, Europe by 18%, and the Americas by 9%, while Japan saw a significant 46% increase. Miu Miu experienced a remarkable 93% growth, contributing 25% to the group's retail sales, compared to 15% in fiscal year 2023. The group also reported a reduction in Scope 1 and 2 greenhouse gas emissions by 61% and launched a three-year plan to convert raw materials to lower-impact alternatives.Strong Revenue Growth
Prada Group closed 2024 with revenues at EUR5.4 billion, up 17% at constant exchange rates.
Robust EBIT and Margin
EBIT reached EUR1.28 billion with a margin of 23.6%, reflecting strong financial performance.
Net Cash Position
The group completed the year with a net cash position of EUR600 million.
Miu Miu's Remarkable Growth
Miu Miu reported a remarkable organic performance, up 93%, with retail sales exceeding EUR1.2 billion.
Sustainability Achievements
Prada Group reduced Scope 1 and 2 greenhouse gas emissions by 61% and launched a plan to convert raw materials to lower-impact alternatives.
Retail Sales Growth
Retail sales totaled EUR4.8 billion, up 18% versus fiscal year '23 at constant FX.
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HK:1913 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HK:1913 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 04, 2025 | HK$68.50 | HK$68.30 | -0.29% |
| Oct 30, 2024 | HK$56.75 | HK$55.40 | -2.38% |
| Jul 30, 2024 | HK$55.00 | HK$53.95 | -1.91% |
| Apr 24, 2024 | HK$58.73 | HK$60.01 | +2.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Prada SpA (HK:1913) report earnings?
Prada SpA (HK:1913) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Prada SpA (HK:1913) earnings time?
Prada SpA (HK:1913) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Prada SpA stock?
The P/E ratio of Prada SpA is N/A.
What is HK:1913 EPS forecast?
HK:1913 EPS forecast for the fiscal quarter 2025 (Q1) is 1.3.
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