智通财经网·2025-12-19 03:16Core Viewpoint - Citi has released a report indicating no significant changes to its revenue, EBIT, and earnings per share forecasts for Prada for the fiscal years 2025, 2026, and 2027, while lowering the target price from HKD 53.8 to HKD 52 and maintaining a "Neutral" rating [1] Revenue Forecast - For Q4 of fiscal year 2025, sales are expected to grow by 6% year-on-year at constant exchange rates, but report a decline of 1% to EUR 1.59 billion [1] - Retail sales by brand are projected to remain flat for Prada (down 1% in Q3) and increase by 20% for Miu Miu (up 29% in Q3) [1] EBIT and Profit Margin - EBIT for the second half of the year is anticipated to decrease by 3% to EUR 685 million [1] - EBIT margin is expected to narrow by 100 basis points year-on-year to 23.4% [1]