MILAN, Feb 19 (Reuters) – Revenues at Italian luxury outerwear group Moncler rose 7% at constant exchange rates in the fourth quarter, above analysts’ expectations, helped by solid growth in Asia and in the Americas. Full-year revenues also increased, but 2025 operating profit declined slightly to 913.4 million euros ($1.07 billion), down 0.3%. Revenues in […]
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Revenues at Moncler rise 7% in fourth quarter on strong Asia, Americas
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MILAN, Feb 19 (Reuters) – Revenues at Italian luxury outerwear group Moncler rose 7% at constant exchange rates in the fourth quarter, above analysts’ expectations, helped by solid growth in Asia and in the Americas.
Full-year revenues also increased, but 2025 operating profit declined slightly to 913.4 million euros ($1.07 billion), down 0.3%.
Revenues in 2025 totalled 3.13 billion euros, against a company-compiled analyst consensus forecast of 3.06 billion and up 3% at constant exchange rates.
Last month Moncler’s main shareholder Remo Ruffini announced he was leaving the role of chief executive, to be replaced by Bartolomeo Rongone, currently at the helm of Kering-owned label Bottega Veneta.
“The arrival of Leo (Bartolomeo) Rongone as a group CEO in April is a natural next step in our evolution, which will bring new energy to our already solid structure.”, Ruffini said in a conference call with analysts.
“But let me be clear, I’m not stepping down, I’m not stepping back. I will be executive chairman and continue to lead our creative direction and set the strategic directions of the group”, he added.
($1 = 0.8498 euros)
(Reporting by Elisa Anzolin, editing by Gavin Jones)