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CHAIRMAN’S LETTER

Dear Shareholders, 2018 has been a year marked by fundamental changes for Moncler. We took important decisions, some of them definitely courageous, others even ground-breaking.

2017 1193.7
m€
2018 1420.1
m€
REVENUES

+19% at current exchange rates
+22% at constant exchange rates

FINANCIAL HIGHLIGHTS

In 2018 Moncler exceeded 1.4 billion euros in revenues with a 22% growth, EBITDA crossed the 500-million-euro mark with a 35% margin on revenues, net income grew by 33% exceeding 332 million euros, while net cash rose to 450 million euros.

ANNUAL REPORT 2018

In 2018 we successfully launched Moncler Genius – One House Different Voices – a creative and communicative project involving all departments in a truly omni-channel perspective, we continued to consolidate our stores’ network by adding high-level locations and we further strenghtened our digital positioning.

SUSTAINABILITY

Moncler judges the value of its results also by how it achieved them. There is no growth without responsibility and respect

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