Lanvin Group Shows Resiliency in Sales and On-Track Margin Improvement in 2023
LANVLanvin Group(LANV) Prnewswire·2024-04-30 18:00

Revenue Continues Year-over-Year Growth Trend Revenue of €426 million for FY2023, a 1% increase over FY2022 despite macroeconomic headwinds Continued margin improvement with Group gross profit margin increasing to 59% and both contribution profit(1) and adjusted EBITDA margins steadily improving Resilient performance of the brands through challenging market environment; Lanvin brand showed improving trend in the second half of the year while overall industry faced strong headwinds Steady regional performanc ...