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Market Closed -
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5-day change | 1st Jan Change | ||
| 61.65 HKD | +0.90% |
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+6.75% | +38.07% |
| 03:41pm | Hermes Posts Sales Growth Across All Markets -- 2nd Update | DJ |
| 10:59am | Jefferies Adjusts Prada’s Price Target to HK$64 From HK$58, Keeps at Hold | MT |
MILAN (Reuters) - Italian luxury group Prada reported a 1 percent fall in revenues to 3.55 billion euros (2.62 billion pounds) in the 12 months to Jan. 31 hurt by weakness in Asia.
Analysts had on average expected sales of 3.57 billion euros according to a Thomson Reuters SmartEstimate.
"The closest attention is always paid to costs, in order to safeguard profit margins and yield satisfactory returns on investments," Chief Executive Patrizio Bertelli said in a statement.
(Reporting by Valentina Za, editing by Stephen Jewkes)
| 1st Jan change | Capi. | |
|---|---|---|
| +38.07% | 19.96B | |
| +6.77% | 7.01B | |
| -27.78% | 56.99M |
PRADA S.P.A. 
