Overview
Italy leather accessories firm's nine-month revenue rose 1.7% yr/yr to €136.8 mln
Net financial position as of Dec 31, 2025, was negative due to IFRS 16 impact
Adjusted net financial position improved to €15.2 mln from €10.2 mln last year
Outlook
Company did not provide specific future guidance
Result Drivers
BRAND PERFORMANCE - The Bridge brand revenue rose 4.1%, Lancel brand increased 7.9%
CHANNEL GROWTH - DOS channel increased 5.3%, e-commerce rose 47.8%
FINANCIAL POSITION - Adjusted net financial position improved to €15.2 mln from €10.2 mln last year
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
9M Revenue
EUR 136.80 mln
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the apparel & accessories peer group is "hold."
Wall Street's median 12-month price target for Piquadro SpA is €3.66, about 38.6% above its February 4 closing price of €2.64
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release: ID:nBIA5tTv80
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
