Moncler Group’s Q1 Revenues Increased by 23% to 730 Million Euros, Exceeding Analyst Expectations

5月 06, 2023

May 4, the Italian fashion group Moncler announced its financial figures for Q1 FY2023 ended March 31: Thanks to the demand in the Chinese market and the steady growth in Europe, the Middle East, and Africa, quarterly revenue reached 726.4 million euros, with an increase of 23% at constant exchange rates, exceeding analysts’ expectations of 689 million euros.

Remo Ruffini, Chairman and CEO of Moncler S.p.A., said, “We are extremely satisfied with the results achieved in this first quarter of the year, with Group revenues growing by 23% at constant exchange rates. Both our …