PRADA (01913) released its annual performance. The net profit was 5.718 billion euros, an increase of 9.1% year-on-year.

Prada (01913) announced its comprehensive performance for the 12-month period ending on December 31, 2025. The group achieved a net profit of 5.718 billion euros, representing a year-on-year increase of 9.1% at a fixed exchange rate; adjusted EBIT was 1.324 billion euros, with an adjusted EBIT margin of 23.2%; net income for the year was 852 million euros, an increase of 1.6% from 2024. It is proposed to distribute a final dividend of 0.166 euros per share. Prada Group reported that with its long-standing brand heritage and rigorous execution, the group maintained a strong performance in a challenging environment and achieved steady results for another year. The acquisition of Versace marked an important milestone in the group's strategic development, adding highly complementary brands to its product portfolio. Despite the high comparison base during the period, the group's net profit increased by 9% compared to 2024 at a fixed exchange rate, or +8% on an organic basis, marking the fifth consecutive year of growth for the group. On the brand level, Prada showed robust and resilient performance, with retail sales revenue down 1% in the 12-month period. Miu Miu continued to show growth, with retail sales revenue increasing by 35% in 2025. The adjusted EBIT margin of 23.2% reflects the dilutive impact of the inclusion of Versace; excluding Versace, the profit margin remained stable despite significant investments and adverse exchange rate effects. Thanks to generating a large amount of cash, the group's balance sheet at the end of the year was quite healthy, with a net financial deficit of 466 million euros, reflecting 595 million euros of capital cash outflow and financing for the acquisition of Versace. Prada brand continued to showcase its innovative strength through leading fashion shows and successful product launches, from new products to reinterpretations of classic styles, driving the brand's balanced performance. Upgraded retail concepts helped strengthen customer engagement: opening of new dining spaces in Shanghai and Singapore, inauguration of a landmark retail store in New York, and the exquisite layout of Prada Alexandra House in Hong Kong, all representing key milestones in the development of the retail layout this year.