Moncler recently announced an increase in revenue and earnings, demonstrating its commitment to sustained growth despite facing a challenging environment.
Strong Financial Performance
In 2023, Moncler’s earnings before interest and taxes reached EUR 893.8 million, surpassing expectations and showing significant growth from the previous year. The company’s revenue also experienced a notable increase, reaching EUR 2.98 billion, reflecting a 17% rise at constant currency compared to the previous year.
Positive Quarter Results
During the final quarter, Moncler saw a rise in revenue to EUR 1.18 billion, with both the Moncler and Stone Island brands contributing to this success. Moncler brand revenue reached EUR 1.08 billion, while Stone Island generated EUR 101 million.
Future Outlook
Despite the prevailing uncertainty in the global macroeconomic and geopolitical landscape, Moncler remains committed to maintaining its growth trajectory. The company emphasizes operational flexibility and continuous investment in its organization and people to enhance operational efficiency.
Dividend Proposal
Moncler plans to propose a dividend of EUR 1.15 per ordinary share for the year, slightly lower than the previous year’s dividend of EUR 1.20.
As Moncler continues to navigate through challenges and opportunities, the brand’s dedication to growth and innovation remains unwavering.