PRADA(PRDSY) - 2023 Q4 - Earnings Call Presentation

Financial Performance - Prada Group's net revenues reached €4.726 billion, a 17% increase at constant exchange rates compared to FY-22[6, 48] - Retail sales grew by 17% at constant exchange rates, driven by full-price like-for-like sales[68] - The EBIT margin improved to 22.5%, resulting in an EBIT of €1.062 billion[6, 48, 92] - Net income increased by 44% to €671 million[75, 92] - The Board of Directors proposed a dividend per share of €0.137, totaling €351 million, representing approximately 52% pay-out ratio[98] Brand Performance - Prada brand sales increased by 12% at constant exchange rates[6, 70] - Miu Miu brand sales saw a significant increase of 58% at constant exchange rates[6, 70] Regional Performance - Asia Pacific retail sales increased by 24% at constant exchange rates[73] - Europe retail sales increased by 14% at constant exchange rates[73] - Japan retail sales showed outstanding growth of 44% at constant exchange rates[73] - Americas retail sales remained flat[57, 73, 90] ESG Initiatives - The company achieved a 58% reduction in Scope 1 & 2 GHG emissions compared to the 2019 baseline[24] - Over 75% of leather and textile suppliers are involved in the ZDHC program[40] - 63% of the total workforce are women[42]