Moncler Group | Annual Report 2024 Consolidated Financial Statements 364 |
4. Comments on the consolidated income statement
In 2024, Moncler Group reached consolidated
revenue of EUR 3,108.9 million up 4.2% compared
to the 2023. These results include Moncler brand
revenue equal to EUR 2,707.3 million and Stone Island
brand revenue equal to EUR 401.6 million.
Analysis of Moncler brand revenues
In 2024, Moncler brand revenues were equal
to EUR 2,707.3 million, up 5.2% growth compared to 2023.
Revenues by geography
Sales are broken down by geographical area as reported
in the following table:
4.1 Revenues
Revenues by brand
In
2024, revenues in Asia (which includes APAC, Japan and Korea)
were EUR 1,379.0 million, up 6.8% compared with 2024,
thanks to a solid double-digit growth in the Chinese mainland,
despite a high comparable base and still challenging
macroeconomic conditions af fecting consumer conf idence. Japan,
Korea, and the rest of APAC also delivered a solid performance.
EMEA recorded revenues of EUR 9493 million 43
compared with 2023 Thanks to the acceleration of the DTC
channel which registered a positive contribution from both
tourists and locals despite remaining penalised by more dif f icult
trends in the direct online channel
Revenues in the Americas increased by 21 compared
with 2023 to EUR 3790 million Thanks to the performance
of the DTC channel
EUR/000 2024%2023%
TOTAL REVENUES 3,108,924 100.0% 2,984,217 100.0%
Moncler 2,707,315 87.1% 2,573,159 86.2%
Stone Island 401,609 12.9% 411,058 13.8%
REVENUES BY REGION
EUR/000 2024%2023%Variation% Variation
Asia 1,378,955 50.9% 1,291,377 50.2% 87,578 6.8%
EMEA 949,328 35.1% 910,488 35.4% 38,840 4.3%
Americas 379,032 14.0% 371,294 14.4% 7,738 2.1%
TOTAL 2,707,315 100.0% 2,573,159 100.0% 134,156 5.2%
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