Core Viewpoint - Prada's Q3 total sales reached €1.33 billion, slightly exceeding market expectations [1] Financial Performance - The company adjusted its net profit forecast for the year down by 7.5% to €880 million due to adverse foreign exchange impacts and increased financial costs from the anticipated acquisition of Versace [1] - Revenue and EBIT forecasts for the year were revised to €5.731 billion and €1.359 billion, respectively [1] Future Projections - The revenue forecast for next year was lowered by 9.6% to €6.155 billion due to intensified competition [1] - EBIT and net profit forecasts for next year were also reduced by 13.2% and 14.1% to €1.492 billion and €976 million, respectively [1] Rating and Target Price - The company maintains a "outperform" rating for Prada with a target price of HK$75 [1]
研报掘金丨中金:维持普拉达“跑赢行业”评级 下调今年纯利预测