Lanvin Group Releases Full-Year 2023 Preliminary Results, Says FY23 Revenues Will Be €426M, Up 1% YoY, Sees 8% Growth In APAC
Portfolio Pulse from Benzinga Newsdesk
Lanvin Group announced its preliminary full-year 2023 results, projecting revenues of €426M, a 1% increase year-over-year. The company also anticipates an 8% revenue growth in the Asia-Pacific (APAC) region.
February 21, 2024 | 10:21 am
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Lanvin Group expects a 1% YoY increase in revenues for FY23, totaling €426M, with an 8% growth forecasted in the APAC region.
The announcement of a year-over-year revenue increase and significant growth in the APAC region is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term. The specific mention of revenue figures and growth percentages provides a clear basis for this optimism.
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