Prada's Hong Kong shares climb to one-week high on higher quarterly revenue

Prada SpA

04/05/2026 03:23

** Hong Kong-listed shares of Prada SpA 1913.HK climb as much as 8% to HK$37.48, their highest point since April 27

** Stock on track to snap a seven-session losing streak, if current gains hold

** Revenue at Italian luxury group Prada 1913.F rose 3% at constant exchange rates in the first quarter, excluding the contribution of Versace, with double-digit sales growth in the Americas offsetting weakness in Europe and the Middle East

** Group revenue totalled 1.4 billion euros ($1.64 billion) in the January-March period, broadly in line with an analysts' consensus compiled by Visible Alpha

** YTD, Hong Kong stock down 21.3%; while benchmark Hang Seng Index .HSI up 2.4%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))