(CercleFinance.com) – Kering publishes net income group share up 14% to 3.6 billion euros for 2022, and growth of 11% in its current operating income, to 5.6 billion, i.e. a margin of 27.5%.
The turnover of the luxury group, holder in particular of the Gucci, Saint Laurent and Bottega Veneta brands, exceeded 20 billion euros to reach more than 20.3 billion, up 15% in published data and 9% on a comparable basis.
The Board of Directors will propose to the General Meeting of April 27, for this financial year, a cash dividend of 14 euros per share, i.e. a balance of 9.50 euros which would be paid on May 4, taking into account of the deposit paid in January.
Despite short-term economic and geopolitical uncertainties, Kering aims ‘to be on a path of profitable growth, with consequent high cash flow generation and strong return on capital employed’.