HIGHLIGHTS
Purpose and Values
Prada Group Q1 2025 Revenue (audio replay)
The audio replay for
Prada Group Q1 2025 Revenue
is available
here
(Chrome recommended)
KEY FIGURES (*)
|
Q1-24 - € mln |
Q1-25 - € mln |
change at reported fx |
change at constant fx |
Net Revenues |
1,187 |
1,341 |
+13% |
+13% |
Retail Sales |
1,071 |
1,216 |
+13% |
+13% |
Wholesale Sales |
90 |
96 |
+7% |
+7% |
Royalties |
25 |
29 |
+15% |
+15% |
We are pleased with another quarter of solid performance. In an increasingly turbulent and uncertain landscape, we continued to execute with confidence and discipline, leveraging creativity and the strength of our organisation. The current environment requires us to be agile and flexible; at the same time, we believe it is essential to continue to invest with a long-term mindset.
Prada Group Chairman and Executive Director
The Group had a positive start to the year. Prada showed strong resilience, against the most challenging quarterly comparison of 2024. Notwithstanding the headwinds, Miu Miu confirmed a remarkable growth trajectory. Looking ahead, our strategy remains centred on our brands, their relevance, creativity and marked sensibility in reading the spirit of the time.
Prada Group Chief Executive Officer
Retail Sales By Brand
€ mln % at constant fx |
Q1 24 |
Q1 25 |
Q1 25 |
Q4 24 |
PRADA |
826 |
827 |
+0% |
+4% |
MIU MIU |
233 |
377 |
+60% |
+84% |
CHURCH'S |
7 |
7 |
+2% |
+7% |
OTHER (*) |
5 |
5 |
-6% |
+8% |
|
|
|
|
|
Total |
1,071 |
1,216 |
+13% |
+18% |
Retail Sales By Geography
€ mln % at constant fx |
Q1 24 |
Q1 25 |
Q1 25 |
Q4 24 |
ASIA PACIFIC |
396 |
438 |
+10% | +16% |
EUROPE |
295 |
334 |
+14% | +16% |
AMERICAS |
181 |
201 |
+10% | +11% |
JAPAN |
145 |
172 |
+18% | +31% |
MIDDLE EAST |
54 |
70 |
+26% | +30% |
Total |
1,071 |
1,216 |
+13% |
+18% |
€ mln |
FY 2023 |
FY 2024 |
||
Net revenues |
4,726 |
100% |
5,432 |
100% |
COGS |
-925 |
-19.6% |
-1,095 |
-20.2% |
Gross profit |
3,802 |
80.4% |
4,337 |
79.8% |
Selling |
-1,873 |
-39.6% |
-2,083 |
-38.3% |
Advertising and communication |
-420 |
-8.9% |
-473 |
-8.7% |
Product design and development |
-151 |
-3.2% |
-158 |
-2.9% |
G&A |
-297 |
-6.3% |
-343 |
-6.3% |
Operating expenses |
-2,740 |
-58.0% |
-3,057 |
-56.3% |
EBIT |
1,062 | 22.5% |
1,280 |
23.6% |
Total financial expenses |
-90 |
-1.9% |
-91 |
-1.7% |
EBT |
971 |
20.6% |
1,189 |
21.9% |
Income Taxes |
-298 |
-6.3% |
-345 |
-6.4% |
Minority Income |
2 |
0.1% |
4 |
0.1% |
Group Net Income / (Loss) |
671 |
14.2% |
839 |
15.4% |
Prada Group acquisition of Versace (audio replay)
The audio replay for
Prada Group acquisition of Versace Webcast
is available
here
(Chrome recommended)
GROUP INVESTOR RELATIONS
investorrelations@pradagroup.com
FINANCIAL MEDIA RELATIONS
Marta Monaco
marta.monaco@prada.com
Via Orobia 3, 20139 Milan, Italy