Market Updates
Europe Movers: Brunello Cucinelli, Henkel, Ferragamo
Inga Muller
14 Mar, 2025
Frankfurt
Brunello Cucinelli S.p.A. gained 1.2% to €110.70 after the Italian boutique retailer reported higher sales in 2024.
Revenue increased to €1.28 billion from €1.14 billion, net profit edged up to €128.51 million from €123.81 million, and diluted earnings per share rose to €1.75 from €1.68 a year ago.
The company will propose a dividend of 94 cents per share to the shareholders' meeting on April 29.
The fashion retailer invested €109.5 million, and the company is looking to finish expanding its factories by 2026.
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