February 28, 2017 / 6:12 PM / 5 months ago

BRIEF-Moncler exec: imprudent to think of better EBITDA margins in 2017

1 Min Read

Feb 28 (Reuters) - Italy's luxury group Moncler's Chief Corporate Officer Luciano Santel says:

* majority of growth in 2016 was driven by volumes, prices pretty much stable

* group filed for Patent Box tax break regime last year, is expecting an answer from Italian tax authorities this year

* would be imprudent to think of a better EBITDA margin in 2017 than in 2016, group wants to continue investing Further company coverage: (Reporting by Milan newsroom)

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