Prada Posts 25% Profit Growth in 2024 as Revenue Rises 17%

MT Newswires Live
03-05

Prada (HKG:1913) reported a 25% increase in attributable profit for 2024 to 838.9 million euros from 671.0 million euros a year earlier, according to a Tuesday filing with the Hong Kong stock exchange.

Earnings per share rose to 0.328 euros from 0.262 euros in the year-ago period.

The company's revenue rose 17% to 5.4 million euros from 4.7 million euros in the previous year.

The company proposed a final dividend of 0.164 euros per share.

The fashion company's shares were down by about 2% in recent trading.

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