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Brief: Kering Expects Mid-Term Recurring Operating Margin To More Than Double From FY 2025 Levels

April 16 (Reuters) - Kering SA PRTP.PA:

MID-TERM OUTLOOK: MORE THAN DOUBLE FY 2025 RECURRING OPERATING MARGIN PERCENTAGE

MID-TERM OUTLOOK: ROCE ABOVE 20%

MID-TERM OUTLOOK: GRADUAL MARKET OUTPERFORMANCE

ONGOING AMBITION: CAPEX AT 5-6% OF REVENUE

ONGOING AMBITION: AROUND 50% PAYOUT RATIO OF RECURRING NET INCOME GROUP SHARE; DIVIDEND GROWTH ALIGNED WITH PERFORMANCE

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Further company coverage: PRTP.PA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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