Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at email@example.com in case you need any other additional information.
Kering’s gross margin came to €4,776.3 million, up 30.0 per cent during the same period of 2017. The recurring operating income hit a record high of €1,771.9 million, up 53.1 per cent year on year, and consolidated recurring operating margin advanced to 27.5 per cent.
For the reported period, the EBITDA jumped 47.6 per cent to €2,021.6 million and the EBITDA margin widened to 31.4 per cent. Net income share surged 185.7 per cent to €2,359.6 million. Earnings per share stood at €18.74 versus €6.55 for first-half 2017. The recurring net income, group share came to €1,262.2 million (up 54.9 per cent) and net income from discontinued operations totaled €1,148.2 million, primarily from the capital gain resulting from the loss of control of PUMA.
"Kering achieved dazzling top-line and earnings performances in the quarter and six months. Our growth, grounded in the exclusivity and desirability of our brands, is remarkably healthy. The development model we implement across our Houses paves the way for increased value creation as well as profitable, sustained and consistent organic growth. While facing increasingly demanding comps and an uncertain global environment, we will once again substantially enhance our financial and operating performances in 2018," François-Henri Pinault, chairman and chief executive officer. (RR)
Fibre2Fashion News Desk – India
| On 11th Jul 2020
The European Commission recently published a set of resources to help ...
| On 11th Jul 2020
Inditex, a Spanish fashion retailer, has announced that to accelerate ...
ING Bank, the fourth-largest bank by assets in Romania, launched its...
The new deal is better than NAFTA for the US textile industry
Very few machinery manufacturers have R&D units
Union budget 2018-19 will have positive impact on apparel industry
Brighi Technologies began in 1970 with trading and repairing sewing...
Israel-based Twine Solutions is a technology start-up that has developed a ...
Jaquard is a training institute providing a highly specialised training...
City University of Hong Kong
<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...
University of New South Wales
<div><div><div><div><b>Melissa Tate</b>, a well-known scientist currently...
Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...
The creations by Aprajita Toor were born out of a deep desire to create...
"We should not compare India and the West. There are things we do that...
Whistling Woods International School of Fashion
<div>A lack of upgraded courses in costume designing and fashion as per...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.