Picture of Brunello Cucinelli SpA logo

BC Brunello Cucinelli SpA News Story

0.000.00%
it flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapFalling Star

Italy's Cucinelli posts 10.7% increase in first half revenues (updated)

Repeats to additional subscribers

ROME, July 10 (Reuters) - Revenues at Brunello Cucinelli BCU.MI rose 10.7% at constant exchange rates in the first half of the year, the Italian luxury group said on Thursday, slightly beating analysts forecasts.

Revenues totalled 684 million euros ($799 million) in the period, which compares with a consensus of 682 million euros compiled by Visible Alpha.

Sales rose by 10% in the Americas and by 13% in Asia, with a double-digit growth in China, it said.

The group, which continues to defy an industry slowdown thanks to its high end positioning, confirmed its expectations for sales annual growth of around 10% in both 2025 and 2026.

Brunello Cucinelli is the first European luxury company to report first-half revenues. It will publish the full set of results at the end of August.

($1 = 0.8557 euros)

 (Reporting by Elisa Anzolin, editing by Alvise Armellini and Keith Weir)

 ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))

Recent news on Brunello Cucinelli SpA

See all news