Company Earnings Update 3 minutesRegister for Free AccessPrada (HK:1913) FY16 Results: Very Tough Year, Although Trends Improved in Second Half Coresight Research April 13, 2017 Executive Summary Prada reported revenue of €3,184 million for FY16, down 10.3% year over year and slightly higher than the consensus estimate of €3,182 million. Reported EPS was €0.11 for the period, down almost 16% and below the consensus estimate of €0.12. The weakness in the top line in FY16 was due to declines across all regions and product categories. The Asia-Pacific region and the leather goods product category suffered the steepest declines. Profitability metrics also fell,and the company’s operating margin contracted by 70basis points year over year. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Tackling Theft, Standardizing RMNs and More: Tech Insights from Retail Innovation Conference & Expo 2024CES 2023: 12 Innovative Startups Seen at Pepcom Digital Experience!Weekly US and UK Store Openings and Closures Tracker 2023, Week 39: UK Closures Up 39%US Apparel and Footwear Private Label: Consumer Attitudes and Inflation Present Opportunities
