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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: A Guide to NRF 2024: Retail’s Big Show—Looking Ahead to Insights and Perspectives on Six Critical Topics in RetailInnovator Profile: Radd.’s Video-Marketing Tool Drives E-Commerce Traffic and ConversionDiscount Decades—Introduction: Charting the Expansion of US Value RetailingData Dive: Global Tech Layoffs—Cyclical or Structural?