Prada S.p.A. (1913.HK)
| Previous close | 64.450 |
| Open | 64.150 |
| Bid | 64.350 x 0 |
| Ask | 64.450 x 0 |
| Day's range | 63.750 - 65.200 |
| 52-week range | 40.150 - 66.800 |
| Volume | |
| Avg. volume | 1,605,722 |
| Market cap | 164.66B |
| Beta (5Y monthly) | 1.21 |
| PE ratio (TTM) | 29.25 |
| EPS (TTM) | 2.200 |
| Earnings date | 30 July 2024 |
| Forward dividend & yield | 1.13 (1.76%) |
| Ex-dividend date | 29 Apr 2024 |
| 1y target est | 69.86 |
Associated Press FinancePrada focuses generational transition on artisans, expanding production and workforce in Italy
The Prada Group is expanding its production footprint in Italy, including dozens of new jobs at its knitwear factory in Umbria, leaning into “Made in Italy” as integral to the brand’s ethos and developing new artisanal talent to ease the luxury group through a generational shift in its workforce. Prada CEO Andrea Guerra, who was brought in last year as part of the generational change in family-run Prada’s management, said at an unveiling of the expanded plant Tuesday that the company is investing 60 million euros ($65million) in production this year. At Torgiano, Prada has added 30 new jobs this year, alongside 65 last year, bringing the workforce to some 220 employees, mostly women, to create knitwear for the Prada and Miu Miu brands, a key category for the group.
ReutersPrada heir says group always looking for M&A opportunities
Italian luxury group Prada is always looking out for acquisition opportunities, Lorenzo Bertelli, son of the group's founders, said on Tuesday. "The Prada group is and will always be looking around for opportunities", Bertelli, who serves as Prada's marketing director, told reporters at a company event in Umbria, when asked whether the group was interested in acquiring Armani or other brands. WHY IT IS IMPORTANT Giorgio Armani told Bloomberg in an interview last month that he did not rule out a merger or a listing for its company in its succession plans, rekindling speculation about the future of the Italian fashion group.
GuruFocus.comPrada SpA's Dividend Analysis
Prada SpA (PRDSF) recently announced a dividend of $1.13 per share, payable on 2024-05-17, with the ex-dividend date set for 2024-04-29. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Prada SpA's dividend performance and assess its sustainability.
