Despite a slight loss and a sharp decline in sales, the luxury group’s 2025 results were well received by investors. They seem to appreciate the recovery efforts already made by Luca de Meo, Kering’s new CEO since September, which are already bearing fruit in the fourth quarter.
Kering may have posted double-digit declines in sales and net income, as well as a loss in 2025, but the stock market welcomed its results…
On February 10, Kering unveiled results that will not go down in history. Last year, its revenue fell by 10% on a like-for-like basis and at constant exchange rates (-13% on a reported basis) to €14.6 billion. The consensus of analysts surveyed by Bloomberg had expected a slightly better result of €14.8 billion.
In addition, the group fell into the red, with a loss of €29 million, taking into account exceptional costs. Its net income plummeted by 93.6%. However, the financial press highlights the “exceptional reorganization costs” behind this “slight loss.”
Kering shares surge
Nevertheless, at 12:15 p.m. on February 10, Kering shares jumped 11.07%. They have risen by almost 35% in six months.
Discover our plans Subscribe for 1€ Become an active member of the community of luxury leaders.
Read also > Kering slows its decline in the third quarter
Featured photo: © Gucci
