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Brunello Cucinelli Q1 profit climbs YOY

4914204 said its first-quarter normalized net income amounted to 13 euro cents per share, compared with the S&P Capital IQ consensus estimate of 15 cents per share.

EPS climbed year over year from 13 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €9.2 million, an increase from €8.9 million in the year-earlier period.

The normalized profit margin dropped to 8.2% from 8.9% in the year-earlier period.

otal revenue grew 12.1% year over year to €111.7 million from €99.6 million, and total operating expenses grew 13.7% year over year BRUNELLO CUCINELLI SpA