Rapid growth expected for popular Moncler - sportstextiles: Lea SportsTextiles

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Rapid growth expected for popular Moncler

16/12/2013
Shares of luxury ski brand Moncler shares jumped more than 40% on their first day of trading in Milan as investors were wooed by its its strong growth  prospects – 80% of those who placed orders for shares received nothing.

The company started life as a ski jacket maker in the French Alps in 1952 and is expanding glablly and plans to branch into new products.

The listing valued Moncler at EUR 2.55 billion, but the share spike indicates it is now worth around EUR 3.6 billion.

Investors included LVMH head Bernard Arnault and sovereign wealth funds from Qatar, Singapore, Abu Dhabi and China.

The company’s revenues are expected to rise 16% this year and a further 18% next year to EUR 670.9 million.


Related stories:

Moncler revenue rockets in 2015 08/03/2016
Moncler’s rapid ascent continues 13/11/2015
Moncler celebrates further strong growth 31/07/2015
Rocketing revenues in all regions for Moncler 13/05/2015
Moncler poaches COO from Louis Vuitton 16/03/2015
Moncler eyes Asia with 20% growth in 2014 10/03/2015
International sales grow 35% as Moncler continues to shine 13/11/2014

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