Moncler Group's Strong 2023 Performance Drives Share Price Surge

With nearly 3 billion euros in sales and an operating profit of 894 million euros, the luxury group outperforms expectations.

Moncler Group's shares rose by 5.2% following a strong performance in 2023, with sales climbing to nearly 3 billion euros.
The company's operating profit increased to 894 million euros in 2023, exceeding expectations.
Direct sales through stores and e-commerce drove growth, particularly in Asia, while the wholesale business saw a decline.
Stone Island, part of the Moncler Group, also saw growth, albeit at a slower pace than Moncler.
Moncler proposed a dividend of 1.15 euros per share, reflecting its strong financial performance.