Insight Report 4 minutes PremiumPrada (SEHK: 1913) FY16 Results: Asian Markets Hit Profits Hard at Prada Coresight Research April 8, 2016 Executive Summary Prada reported revenue of €3,548 million in the year ending January 31, 2016, down 0.1% from €3,552 million in FY15 and slightly below the consensus estimate of €3,550 million. Reported EPS was €0.129 for FY16, down26.7% from €0.176 in FY15 and below the consensus of €0.14. The company stated that the downturn in the international luxury products market, particularly in Asia, was to blame for the poor performance. 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: Tapestry’s Acquisition of Capri Holdings Paves the Way for an American Luxury PowerhouseWeekly US and UK Store Openings and Closures Tracker 2023, Week 6: UK Closures Up 65%US Watch Market: Traditional Watches Cede Share to Smartwatches, While Luxury Offerings Continue To GrowMarket Outlook: Department Stores in China—Consumer Shift Toward E-Commerce Squeezes Sales
