Prada SpA : 2022 ends in style, 2023 still offers favourable outlook
>Retail growth ahead of 20% in H2, 2022 EBIT over +15% above expectations with the margin already topping 20%! - Prada reported total 2022 sales of € 4.2007bn (growth y-o-y cc at +21% or +24% for retail sales and +25% for retail sales of the Prada brand which alone accounts for close to 75% of total sales) and recurrent EBIT at € 845.2m (margin at 20.1%) excluding exceptional charges for impairments related to the situation in Russia and the restructuring under way a...PRADA is engaged the luxury goods sector where it operates with the Prada, Miu Miu, Church's and Car Shoe brands in the design, production and distribution of luxury handbags, leather goods, footwear, apparel and accessories. Co. also operates, under licensing agreements, in the eyewear, fragrances and mobile telephone sectors. Co.'s products are sold in 70 countries worldwide through a network that included 540 Directly Operated Stores (DOS), and a select network of luxury department stores, independent retailers and franchise stores.
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.
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