Prada Posts Rise In Quarterly Profit

Prada SpA PRDSF reported a rise in its profit over the first three months of the year. Prada's quarterly net profit climbed to 121.7 million euros ($152.14 million), versus EUR57.7 million, in the year-ago period. Its revenue climbed 48% y/y to EUR686.7 million. Its net operating cash flow came in at EUR180.8 million for the period.