2016 Preliminary Net Revenues

ORGANIC NET REVENUE GROWTH OF 17.7% IN 2016 AND SUCCESSFUL EXECUTION OF GROUP’S AMBITIOUS INTEGRATION PLAN

  • Fourth-quarter net revenues of Euro 538 million, up 19.2% on an organic1 basis (+11.4% reported), accelerating on the first nine months of year (+17.1% organic)
    • Sound performance across all business lines: Multi-brand In-Season net revenues up 17.6%, Multi-brand Off-Season net revenues up 16.3%, Gross Merchandise Value of Online Flagship Stores (GMV2) up 34.6%
    • Solid growth in all key regions

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  • Full-year net revenues of Euro 1,871 million, up 17.7% on an organic basis (+12.4% reported)

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  • Key Performance Indicators:
    • 28.8 million average monthly unique visitors, compared with 26.73 million in 2015
    • 8.4 million orders, compared with 7.1 million in 2015
    • Euro 334 AOV (Average Order Value), compared with Euro 352 in 2015, mainly reflecting unfavourable exchange rate movements
    • 2.9 million active customers, compared with 2.5 million in 2015