普拉达(1913.HK):24年MIUMIU零售收入高增93% 盈利水平进一步抬升

海通证券
16 Mar

投资要点:24全年Miu Miu店效带动零售收入93%增长,EBIT margin创10年新高。2024全年收入同比增长14.9%至54.3亿欧元,毛利率降0.6pct至79.8%,EBIT margin提升1.1pct至23.6%(2015年以来新高),净利润同比增25%至8.39亿欧元,净利率提升1.2pct至15.4%。汇率中性,24Q4 Prada/Miu Miu 零售收入增长4%/84%...

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