Moncler : Growth still impressive in Q1 but the tone is more cautious going forward
>The Moncler brand produced another excellent quarter at +20% y-o-y organic - Group Q1 sales came to € 818.0m showing growth at constant exchange rates of 16% and 13% reported. We expected around € 781m and the pre-publication Visible Alpha consensus was for € 790m. The estimate was therefore beaten by close to 4%. The level of growth remains clearly flattering for the Moncler brand: after +17% organic in Q4 2023, Q1 growth came in at 20% y-o-y at CER with +26% in D...Moncler is a jacket and sportswear production group based in Italy. Co. directly produces and distributes its own clothing and accessories collections, through its direct boutiques and exclusive department and multibrand stores. Co. branded products range from the high fashion segment with the Gamme Rouge and Gamme Bleu collections (exclusive products and selected distribution to boutiques) to the Grenoble collection (sporting and technical garments). As of Dec 31 2013, Co. operated a network of 135 stores, including 107 directly operated stores (DOS) and 28 wholesale stores (27 shop-in-shop and 1 franchise store).
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.