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Kering: H1 sales up 18.8%

(CercleFinance.com) - Group H1 2019 sales came in at 7,638.
4 million euros, up 18.8% as reported (+15.3% LFL).

Gucci reported sales of 4,617.1 million euros (+19.8% as reported and +16.3% on a comparable basis). Yves Saint Laurent's H1 revenues came in at 973.0 million euros (+20.4% as reported and +16.6% on a comparable basis).

Kering's gross margin amounted to 5,652 million euros, up 18.3% compared to H1 2018. Underlying operating income amounted to 2,252.7 million euros, up 25.3%.

H1 2019 EBITDA amounted to 2,809.3 million euros, up 19.6%. Net income, group share was 579.7 million euros. Recurrent group net income amounted to 1,556.1 million euros, up 24.7%.


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