Prada (01913) announced interim results. Net revenue of about 3,048 billion euros increased 16% year over year

According to the Zhitong Finance App, Prada (01913) announced its 2026 interim results. The company achieved net revenue of about 3,048 billion euros, an increase of 16% year over year based on a fixed exchange rate; the adjusted EBIT ratio was 17.4% or 530 million euros; Prada S.p.A. owners should account for profit of 327 million euros during the period, a decrease of 15.3% year on year; profit per share of 0.128 euros.

According to the announcement, retail sales were 2,633 billion euros, up 12% year on year, with endogenous growth of +3%. In comparison, the first half of 2025 achieved a double-digit increase of +10%; despite being more affected by the Middle East conflict, it improved to +5% endogenous growth in the second quarter.

The Group achieved steady results in the first six months of this year. The first quarter performed well, and the growth rate accelerated in the second quarter. The Group's net revenue increased 16% year over year at a fixed exchange rate and +5% on an endogenous basis. As the engine of growth, the retail channel grew 12% year over year, with endogenous growth of +3%, while in comparison, the first half of 2025 achieved +10% double-digit growth.

At the brand level, Prada achieved steady performance, with net retail sales +3% year-on-year. Miu Miu maintained good performance. Despite facing a high comparative base (+40%) and being more significantly adversely affected by the Middle East conflict, Miu Miu achieved a 3% increase in net retail sales during the period. Versace's performance was in line with expectations, contributing €305 million in net earnings for the first half of the year.