Prada (01913) first quarter net profit of 1.341 billion euros, an increase of 12.5% year-on-year.

Finance news from Wisdom Finance APP, Prada (01913) announced its unaudited earnings for the first three months ending March 31, 2025. Prada Group reported a net profit of 1.341 billion euros, showing an increase of 12.5% compared to the same period in 2024. Compared to the first quarter of 2024, retail sales net revenue increased by 13.0% at fixed exchange rates. At fixed exchange rates, retail sales net revenue for the Prada brand remained stable, while Miu Miu's retail sales net revenue increased by 60.2%. At fixed exchange rates, net retail sales in the Asia-Pacific region increased by 9.6% year-on-year; Europe increased by 14.3%; America increased by 9.9%; Japan continued to grow, with an 18.0% year-on-year increase; and the Middle East showed a steady performance with a 26.5% year-on-year increase.