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Brunello Cucinelli S.p.A. (0Q7S.IL)

IOB - IOB Delayed price. Currency in EUR
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63.95-0.67 (-1.04%)
At close: 04:45PM GMT
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  • Reuters

    Brunello Cucinelli raises 2022 revenue guidance after sales jump in Q2

    Italian luxury group Brunello Cucinelli said on Tuesday it had raised again its revenue guidance for 2022 after posting a 46.4% sales jump in the second quarter of the year. The brand known for cashmere clothing sees a revenue growth of 15% for this year which compares with a previous estimate of around +12%. Cucinelli confirmed a revenue growth of around 10% in 2023 and said it expects revenues of approximately 1 billion euros ($1.01 billion) in 2024, it said in a statement.

  • Reuters

    Cucinelli posts rise in Q1 sales, confirms 2022 revenues growth forecast

    Revenues at Italian luxury group Brunello Cucinelli rose 19.6% at current exchange rates in the first quarter, as all geographical areas contributed positively to the company's performance, it said in a statement on Wednesday. Based on the performance in the first part of the year, the company confirmed its estimates of a revenue growth of around 12% and 10% for 2022 and 2023, respectively.

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