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India

Prada SpA (1913.HK)

1913.HK on Hong Kong Stock

23.35HKD
19 Jun 2019
Change (% chg)

HK$0.60 (+2.64%)
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Volume
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HK$39.45
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Latest Key Developments (Source: Significant Developments)

Prada's CEO Says To Stop Markdowns in own Stores From 2019
Friday, 15 Mar 2019 

March 15 (Reuters) - Prada SpA <1913.HK> Chief Executive Patrizio Bertelli::PRADA'S CEO SAYS DECIDED TO STOP MARKDOWNS STARTING FROM 2019.  Full Article

Prada Posts FY IFRS Net Income Of Group 205.4 MLN EURO
Friday, 15 Mar 2019 

March 15 (Reuters) - Prada SpA <1913.HK>::BOARD RECOMMENDS FINAL DIVIDEND OF EURO 0.06 PER SHARE.FY IFRS NET INCOME OF GROUP 205.4 MILLION EURO.FY NET REVENUES EURO 3,142 MILLION.YEAR AGO FY PRO-FORMA NET REVENUES 3.06 BILLION EURO; YEAR AGO FY PRO-FORMA NET INCOME OF THE GROUP 248.9 MILLION EURO.  Full Article

Prada sees mid-to-high single digit sales growth for 2018 as "reasonable"
Friday, 9 Mar 2018 

March 9 (Reuters) - Italy's Prada executives tell analysts in a post-results conference call: :IMPLEMENTATION OF GROUP'S DIGITAL STRATEGY WELL ON TRACK.GROUP TO CONTINUE TO TARGET DOUBLE DIGIT GROWTH FOR ONLINE SALES.LIKE-F0R-LIKE SALES IN SECOND HALF 2017 TURNED POSITIVE.SEES MID TO HIGH SINGLE DIGIT SALES GROWTH IN 2018 AS "REASONABLE".SEES OPERATING MARGIN TO IMPROVE 50-80 BASIS POINTS IN 2018.ONLINE SALES NOW REPRESENT 4-5 PERCENT OF OVERALL SALES, TARGET TO REACH 15 PERCENT IN 2020.RETAIL SALES HAVE GROWN 7.5 PERCENT AT CONSTANT EXCHANGE RATES SINCE THE BEGINNING OF THIS YEAR.2018 COULD BE "STRONGLY POSITIVELY IMPACTED" BY POTENTIAL PATENT BOX TAX BENEFITS, AS THESE WOULD INCLUDE BENEFITS FOR FOUR YEARS.  Full Article

Prada Says Net Sales For Twelve Months Pro-Forma Ended Dec 31 Were 3,008.3 Mln Euros
Friday, 9 Mar 2018 

March 9 (Reuters) - Prada Spa <1913.HK>::FY NET SALES FOR TWELVE MONTHS PRO-FORMA ENDED DECEMBER 31, 2017 WERE EURO 3,008.3 MILLION, -3.8%.FY EBIT FOR TWELVE MONTHS PRO-FORMA ENDED DECEMBER 31, 2017 WAS EURO 360 MILLION.FY GROUP'S NET INCOME FOR TWELVE MONTHS PRO-FORMA ENDED DECEMBER 31, 2017 WAS EURO 248.9 MILLION.BOARD RECOMMENDS, FOR REVIEWED PERIOD, A FINAL DIVIDEND OF EURO/CENTS 7.5 PER SHARE.  Full Article

Prada sees number of stores stable this year and next
Friday, 8 Sep 2017 

Sept 8 (Reuters) - Italian fashion brand Prada executives say during a post-results analyst call: :see number of stores remaining stable this year and next.CEO Patrizio Bertelli says sees "very good figures" for wholesale sales in second half of 2017 and first half of 2018.  Full Article

Prada CEO says company does not have a problem in terms of product offer
Friday, 8 Sep 2017 

Sept 8 (Reuters) - Prada Spa <1913.HK> top management tells analysts in a call after H1 results:CEO says restructuring is in line not necessarily with market but with geo-political events affecting customers.CEO says group is always very cautious about investments, right now careful in avoiding excesses.CEO says group financial and capital structure absolutely robust.CFO says expects to discuss with Italian authorities tax-benefits from so-called patent box regime in next couple of months.  Full Article

Prada Spa says HY net revenues 1.47 bln euros vs 1.55 bln euros last year
Friday, 8 Sep 2017 

Sept 8 (Reuters) - Prada Spa <1913.HK>:Hy net revenues 1.47 billion euros versus 1.55 billion euros last year.Hy net income 115.742 million euros versus 141.923 million euros a year ago.Task of restructuring all operating processes is progressing well."No dividends have been declared or paid by company in respect of reviewed period".  Full Article

Prada says it will no longer publish preliminary sales figures for first 6-month period and for full year of any financial period​
Thursday, 29 Jun 2017 

June 29 (Reuters) - Prada Spa <1913.HK>-:‍Co will no longer publish preliminary sales figures of group for first six-month period and for full year of any financial period​.  Full Article

Italy's Prada to ditch some wholesalers to support full-price sales

MILAN, May 21 Italian luxury goods group Prada said it would shrink its wholesale network in Italy and Europe in a push to have uniform prices for its products across different outlets and reduce markdowns.