Report
Jean Danjou

Brunello Cucinelli : Pace of growth still robust, attractiveness intact

>Q2 growth close to 12% cc, a robust performance as expected - The group has published H1 sales of € 620.7m which reflects y-o-y cc growth of 14.7%, i.e. +11.7% in Q2 (Q2 sales of € 312m) after 17.9% in Q1. We had forecast y-o-y cc growth of 12.3% in Q2 with sales of € 312.7m whereas the most recent Visible Alpha consensus indicated € 308m. The publication was in line with our forecasts but a shade above the consensus. On reported data, growth at the retail activity ...
Underlying
Brunello Cucinelli S.p.A.

Brunello Cucinelli is an Italian company engaged in the fashion industry that produces luxury products. Co. is engaged in the design, manufacture, and distribution of luxury clothing and accessories collections and is known for its cashmere products. Co. provides outerwear, trousers and dresses, shirts, t-shirts, leather goods and accessories products on the market through a number of different distribution channels such as: the retail distribution channel (direct retail sales); the wholesale monobrand channel (franchised monobrand retail stores); and the wholesale multibrand channel (independent multibrand stores).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean Danjou

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