Kering Posts Surge In 2014 Profit

Kering SA PPRUY reported a jump in its profit last year. Kering's profit for the year surged to 528.9 million euros ($600.4 million), compared to a year-ago profit of EUR49.6 million, while EPS jumped to €4.20 from €0.39. The company's overall revenue gained 4% to EUR10.04 billion. Recurring operating income slipped 5.0% to €1.66 billion euros, versus €1.75 billion euros. Its sales at Gucci dropped 1.1% to EUR3.5 billion, while operating income fell 6.7% to EUR1.06 billion. Sales at Puma gained 3.4% to EUR2.99 billion, while operating income declined to EUR128 million. Bottega Veneta sales climbed 11.3%, while Yves Saint Laurent sales climbed 27%. Kering shares fell 0.10% to close at $20.88 on Friday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!