Moncler Asia Pacific Revenue Rose 48%

< p > luxury brand Moncler SpA (MONC.MI) recently announced its interim results, benefiting from the excellent results of expansion and Asia. Moncler SpA (MONC.MI) grew by 19.2% to 218 million 300 thousand euros in the first half of fiscal year June 30, 2014, 183 million 200 thousand euros in the same period last year, and 22% in the fixed exchange rate, and 48% in the Asia Pacific region.

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< p > despite the double-digit growth in the first quarter, the Moncler SpA increased significantly in the two quarter, with an increase of 26.6% in the quarter, much higher than that in the first quarter of 15.8%, or even higher than 22.5% in the same period last year.

As of the two quarter of June 30, 2014, Moncler SpA revenue increased from 57 million 600 thousand euros in the same period last year to 72 million 900 thousand euros, which also narrowed sharply in the same quarter, narrowing to 5 million 400 thousand euros from 8 million euros in the same period last year, less than a href= "http:// www.91se91.com/news/index_c.asp" > net loss < /a > adjusted EBITDA core profit also increased to 1 million 400 thousand euros, compared with a loss of 3 million 200 thousand euro in the same period last year. Gross profit increased two to 49 million 800 thousand euros in the two quarter, 39 million 100 thousand euros in the same period last year, and the gross profit margin increased slightly to 27.4%.

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< p > > a href= "http://? www.91se91.com/news/index_c.asp" > Moncler < /a > SpA chief executive officer Remo Ruffini said that in view of the 2014 "a", "autumn and winter" sales and 2015 spring and summer products, the order for the coming months is full of confidence, but chief operating officer is relatively cautious, saying that the company will not increase its expectations, and the second half is more important.

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< p > up to the first half of June 30, 2014 fiscal year, the core profit of Moncler SpA group was adjusted to 46 million 400 thousand euros, up 28.9% from 36 million euros in the same period last year, and the profit margin of EBITDA also increased to 21.3% from 160 basis points. The net profit was 18 million 100 thousand euros, up 118.1% from the same period of 8 million 300 thousand euros in the same period last year, and the net interest rate was 8.3%, a marked increase of 370 basis points.

Gross profit rose 100 basis points to 71% in the first half of the year, and 155 million euros in gross profit, up 20.8% from 128 million 300 thousand euros in the same period last year.

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< p > two quarter Moncler SpA retail revenue grew by 40% (fixed exchange rate 43%) to 40 million 100 thousand euros, which significantly led 23% of the first quarter (fixed exchange rate 28%), pushing up the overall revenue growth of 28% in the first half of the year (fixed exchange rate 33%), from 95 million euros in the same period last year to 121 million 900 thousand euro yuan, and the share of retail revenue increased from 52% in the same period last year to 52%.

In the first half of the year, retail stores increased by 7, including 2 to 19 in Italy, 3 to 47 in the EMEA market, 8 in the Americas, 2 to 40 in Asia and other markets, and 114 retail outlets. The wholesale stores decreased from 1 to 27 in the first half of the year, but they increased by less than the same period last year.

In the first half of this year, wholesale income also increased by 9% (fixed exchange rate of 10%) to 96 million 400 thousand US dollars. The growth rate in the two quarter and the first quarter was 13% and 7% to 32 million 800 thousand euro and 63 million 600 thousand euro respectively, and the growth rate was 14% and 9% under the fixed exchange rate respectively.

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The growth rate of the new market of < p > Moncler SpA increased significantly in the two quarter, of which the growth rate in the two quarter of the Asia Pacific region reached 56% (fixed exchange rate 62%), while the Americas area was 78% (fixed exchange rate 95%), although two market revenues were only 21 million 300 thousand euros and 7 million 400 thousand euros respectively.

As of the first half of June 30, 2014, the Moncler SpA Asia Pacific market revenue increased by 38% to 66 million 600 thousand euros, accounting for 30% of China's revenue; Italy's domestic market revenue was 47 million 500 thousand euros, an increase of 1% over the previous year, accounting for 22% of total revenue; the EMEA region's income rose 16% to 82 million 600 thousand euros, accounting for 38% of the total share; the growth rate of the Americas market was 28% to 21 million 600 thousand euros, while the fixed exchange rate growth was 21 million 600 thousand.

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< p > for the two quarter's good performance, anonymous analysts said little significance, because the Moncler brand's core down clothing products in the two quarter sales were significantly lower than other products, accounting for only 10% of the annual income.

Moncler SpA's stock price has fallen by 28% so far this year because of the worry about the single product.

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< p > Moncler SpA currently the largest shareholder is chief executive Remo Ruffini holding company Ruffini Partecipazioni S.r.l. accounts for 31.90%; ECIP M S.A. occupies 23.33%; 3.15% shares of M, 3.15% shares; 2.03% shares;

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