Prada Profits More than 21% Evaluation Offer

Milan (Reuters) – Italian Luxury Group Prada on Tuesday, the smaller Rival Versace of the Smaller Rival Versace has increased a 21% increase in operating profit.

Luxury demand and overlapping group, in 2024 net revenues (5.72 billion euros ($ 5.72 billion) ($ 5.72 billion) ($ 5.72 billion) and the expectations of appropriate analysts and appropriate analysts have increased by 17% and

Income, all regions, increasing 9% in the second half of the year, thanks to the increase in increases in all regions.

The statement did not report a potential representative agreement.

The fourth quarter of the total sales of the total sales are 18%, mainly of the smaller Miu Miu brand. Growth in the main brand of Prada, in the period, more than 4% per year, about 4% more.

“Our priorities remain unchanged,” the dynamics of the sophisticated industries will continue.

“We have an open opportunity to continue driving in Prada, and we will strengthen the success of Miu Miu,” he said.

The group had a net cash position with 600 million euros at the end of December, which can help you buy a potential purchase.

($ 1 = 0.9485 euro)

(Notification by Elisa Anzolin; Edit by Keith Weir)