Kering is a global luxury group composed of iconic and dynamic Houses in Fashion, Leather Goods and Jewelry.
|
(In millions) |
2025 |
2024* |
Change |
|---|---|---|---|
|
Revenue |
14,675 |
16,874 |
-13% |
|
EBITDA |
3,675 |
4,546 |
-19% |
|
EBITDA margin |
25% |
26.9% |
-1.9 pts |
|
Recurring operating income |
1,631 |
2,440 |
-33% |
|
Recurring operating margin |
11.1% |
14.5% |
-3.4 pts |
|
Net income attributable to owners of the parent |
72 |
1,133 |
-94% |
|
o/w continuing operations |
532 |
1,206 |
-56% |
|
Gross operating investments(1) |
830 |
3,309 |
-75% |
|
Free cash flow from operations(2) |
4,428 |
1,432 |
N/A |
|
Net debt(3) |
8,039 |
10,517 |
-24% |
|
Headcount on the payroll |
43,731 |
46,930 |
-7% |
*Following the strategic partnership with L’Oréal for the disposal of Kering Beauté, expected to be completed in the first half of 2026, the activity has been reclassified as discontinued operations in accordance with IFRS 5. As a result, 2025 figures exclude Kering Beauté and the 2024 income statement has been restated accordingly.
(1) Purchases of property, plant and equipment and intangible assets.
(2) Free cash-flow from operations is defined in Chapter 2.7 of the Financial document.
(3) Net debt is defined in Chapter 2.7 of the Financial document.
|
Per share data |
2025 |
2024* |
Change |
|---|---|---|---|
|
Earnings per share attributable to owners of the parent |
0.59 |
9.24 |
-94% |
|
o/w continuing operations |
4.34 |
9.84 |
-56% |
|
|
|
|
|
IN RECURRING OPERATING INCOME
AVERAGE NUMBER OF EMPLOYEES
(FULL TIME EQUIVALENT)
DIRECTLY OPERATED STORES
Rest of the world9%
Japan8%
North America27%
Western Europe26%
Asia-Pacific (excluding Japan)30%
Asia-Pacific (excluding Japan) 30%
Western Europe 26%
North America 27%
Japan 8%
Rest of the world 9%
Other11%
Watches and jewelry3%
Ready-to-wear17%
Shoes20%
Leather goods49%
Leather goods 49%
Shoes 20%
Ready-to-wear 17%
Watches and jewelry 3%
Other 11%
Wholesale and other revenue (including royalties)8%
Sales from physical and online stores controlled by the House92%
Sales from physical and online stores controlled by the House 92%
Wholesale and other revenue (including royalties) 8%