MILAN Feb 28 Italian luxury outerwear maker
Moncler said on Tuesday sales rose 18 percent last
year at both current and constant exchange rates, lifted by
sales in China, Korea and the United States.
Revenues last year were 1.04 billion euros ($1.1 billion),
in line with a Thomson Reuters estimate of 1 billion euros.
Comparable store sales were up 7 percent in 2016. At the end
of last year the group had 190 directly owned stores, 17 more
than at the end of 2015.
Chairman and Chief Executive Remo Ruffini said in a
statement he was convinced the group would continue to grow in
The group said it proposed to pay 0.18 euros per share on
the 2016 results, for a total of 45 million euros.
($1 = 0.9419 euros)
(Reporting by Giulia Segreti; editing by Francesca Landini)