Prada S.p.A. (PRDSY.PK, PRDSF.OB), an Italian luxury fashion company, on Thursday registered a rise in net profit for the full year, helped by improved revenue.
For the 12-month period, Prada reported a net income of 671 million euros, higher than 465 million euros, reported last year.
Earnings before taxes stood at 971 million euros as against 711 million euros in 2022.
EBIT rose to 1.062 billion euros, higher than previous year's 776 million euros.
Excluding special items, EBIT rose to 1.062 billion euros from 845 million euros a year ago.
Net revenue was 4.726 billion euros, up from last year's 4.201 billion euros.
The Board will propose an annual dividend distribution of 0.137 euro per share.
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