Moncler jumps on FY beat, lifts European peers

Swatch groupAG

20/02/2026 09:22

Updates share move, adds analyst comments and European peers

** Shares in Italy's Moncler MONC.MI rise about 10.5%, paring earlier gains of about 13%, boosted by better-than-expected FY earnings

** The fashion house posts FY EBIT of 913.4 mln euros ($1.07 bln) on revenue of 3.13 bln euros, both beating analysts' consensus of 868 mln euros and 3.07 bln euros respectively

** Bernstein flags improved traffic and volumes at Moncler's core brand, marking a recovery from weaker trends seen in Q3

** J.P. Morgan says Moncler's positive current trading comments, mirroring Brunello Cucinelli’s BCU.MI sentiments and set against the backdrop of the still-uncertain Chinese Yuan and broader concerns about the Chinese market, bodes well for the sector

 ** Kering PRTP.PA, Richemont CFR.S and Swatch Group UHR.S gain around 1%

 ** Hermes HRMS.PA, Burberry BRBY.L, LVMH LVMH.PA rise between 2.2% and 2.8%

 ** Ferragamo SFER.MI jumps around 5%

** Moncler shares head for their biggest single-day rise in 5 months if gains hold

($1 = 0.8506 euros)

(Reporting by Romolo Tosiani, Ozan Ergenay and Augustin Turpin)

((Romolo.Tosiani@tr.com ozan.ergenay@thomsonreuters.com))