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HomeLifestyle NewsBrunello Cucinelli Operating Profit Up 8.8% in First Half

Brunello Cucinelli Operating Profit Up 8.8% in First Half

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Italian luxury company Brunello Cucinelli posted on Thursday an 8.8 percent increase in its first-half operating profit, as revenues grew by double figures.

Earnings before interest and taxes (EBIT) rose to €113.8 million ($133 million) in the January-June period, broadly in line with a Visible Alpha analysts’ consensus.

The group said that the sales growth trend for July and August was in line with the first half of the year, and confirmed its outlook for this year and the next.

The group…

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