(Finance) – Moncler closed 2021 with a net profit of 411.4 million euros, up both on the 300.4 million in 2020 and on the 358.7 million in 2019, while the Ebit amounted to € 603.14 million, with an incidence on revenues of 29.5% compared to 25.6% in 2020 and 30.2% in 2019.
The Board of Directors approved the distribution of a dividend € 0.60 per share.
The group recorded revenues for 2,046.1 million, an increase of 42%.
There net financial position at December 31 last year it amounted to 729.6 million from 855.3 million at December 31, 2020.
“When we went public in 2013, we knew we had ambitious goals, but touch and exceed 2 billion euros in turnover with over 400 million in net profit, just eight years after our entry on the stock market and in a context of global pandemic, makes me particularly proud today“. Thus the President and CEO Remo Ruffini commenting on the results.” The year ahead of us began with many uncertainties in particular on the geopolitical front, which are added to the already complex economic and health context, but also with important positive indicators for our group that make me confident for the future – added the CEO -. In 2022 we will celebrate Moncler’s 70 years and Stone Island’s 40 years and we are ready to make these moments unique occasions to celebrate our history and at the same time strengthen our brands as pioneers of new luxury “.