Moncler Accelerated Growth In The Four Quarter

Italy luxury luxury down maker Moncler SpA (MONC.MI) announced its first annual report on December 2013 after its listing in December 2013, which shows that net profit in fiscal year 2014 has gone beyond the strong growth of the market. The group expressed confidence that it could maintain a rapid growth in 2015 against the background of continued instability throughout the year. Moncler SpA (MONC.MI) opened 8.5% higher on Thursday and reported 14.53 euros.

Thanks to the expansion of the store network during the year, Moncler SpA (MONC.MI) increased its profit before the adjustment of EBITDA interest tax depreciation and amortization year-on-year by 21.5% to 232 million 900 thousand euros, higher than the 222 million 800 thousand euro market forecast, and 191 million 700 thousand euros in 2013 fiscal year. EBIT pre tax profit reached 201 million 600 thousand euros, an increase of 21.2%, and the market expectations were 198 million euros and 166 million 400 thousand euros respectively in the previous year. Net profit rose sharply by 71.2% to 130 million 300 thousand euros a year, 76 million 100 thousand euros the previous year.

Annual sales increased significantly by 19.6% to 694 million 200 thousand euros, slightly better than the market forecast of 681 million euros, excluding the impact of the exchange rate rose 21%, while the same store sales benefited from the second half of the last few months of accelerated growth and recorded a 8% growth.

At a fixed exchange rate, the group is at all. market Double digit growth was recorded, with the Americas leading the other regions at 42% growth rate, the largest Asian market growth rate of 35%, and China and Japan showing prominently; Europe, the Middle East and Africa. Sale Increased by 16%, France, the United Kingdom and Germany and other developed international performance is strong, and the local market in Italy basically remained unchanged in the 2013 fiscal year, mainly because the progress of retail channels was offset by the performance of wholesale channels.

According to the channel, Retail channel Sales rose 29.1% to 430 million 700 thousand euros compared to the same period last year, and the increase was 31% after the exchange rate was removed. Wholesale channel sales rose 6.7% to 263 million 500 thousand euros, the previous year was 247 million euros.

In the past year, Moncler SpA (MONC.MI) has added 37 stores, increasing the number of independent stores worldwide to 172, of which 134 are direct outlets and 38 are wholesale stores. The group plans to open 20 new stores this year, mainly in the Asian market, including the flagship store in Ginza, Tokyo, and the first Moncler store in Macao and Singapore.

As of December 31, 2014, the group's net debt was 111 million 200 thousand euros, narrowed by 35% compared to 171 million 100 thousand euros as at December 31, 2013, and net cash rose sharply from 58 million 400 thousand euros as of December 31, 2013 to 86 million 800 thousand euros as of December 31, 2014. The group announced an annual dividend of 0.12 euros per share, an increase of 0.10 euros over the previous year, with a dividend payout rate of 23%.