KERING LUXURY
KERING is a French company specializing in luxury goods and sports & lifestyle that distributes its products to over 120 countries worldwide.
The group has 22 different brands and employs about 37,000 workers.
Western Europe is the main market of the group, with 31% of its revenues are obtained in this block, in Japan sales represent 10% of total revenue and the Asia Pacific countries in total contribute 26%.
The group currently has a market cap of EURO 22.501mn.
The disclosure of the annual results exceeded expected by the market consensus, with consolidated revenues of 2014 to amount to EUR 10.038mn, an increase of 4.5% over the same period.
The annual net profit amounted to EUR 523,9mn, which compares favorably with the value of EUR 49,6mn registered in 2013. The company proposed a gross dividend per share of EUR 4.00, an increase of 7% over the previous period.
In recent years the company has been registering a sustained growth of its operational indicators, with particular emphasis on the positive development of its EBITDA margin.
The growth of luxury products in the Asian bloc is presented as an important trigger for the company, since the recipes in this book represent about 26% of total revenues.
The recent underperformance title – extreme compared to its comparable – does not reflect the favorable operating performance of the company.
The positive development of its operational indicators, the geographic mix of activity and the relative discount the fundamental level confer a potential upside to the title in the medium term.
Read more:
http://www.kering.com/en/finance
bewayopa 
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