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 Source text Further company coverage: PRTP.PA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))