Edition:
United States

Brunello Cucinelli SpA (BCU.MI)

BCU.MI on Milan Stock Exchange

38.10EUR
22 Jun 2018
Change (% chg)

€1.20 (+3.25%)
Prev Close
€36.90
Open
€37.00
Day's High
€38.20
Day's Low
€37.00
Volume
83,940
Avg. Vol
100,000
52-wk High
€38.30
52-wk Low
€22.53

Latest Key Developments (Source: Significant Developments)

Italy's Cucinelli To Increase Dividend Payout To 50 Pct By 2020 - Conf Call
Thursday, 10 May 2018 12:20pm EDT 

May 10 (Reuters) - Italy's Cucinelli CEO Brunello Cucinelli told analysts in a conference call after Q1 sales ::SEES DIVIDEND PAYOUT ON FY 2018 OF 40 PERCENT, ON FY 2019 OF 45 PERCENT AND ON FY 2020 OF 50 PERCENT.SEES LAUNCH OF CAPSULE COLLECTIONS EVERY THREE MONTHS.  Full Article

Cucinelli "happy" with 4 pct like-for-like sales growth in coming years
Wednesday, 7 Mar 2018 12:55pm EST 

March 7 (Reuters) - Italy's Brunello Cucinelli Chief Executive tells analysts in post-results conference call: :GROUP'S IDEA IS TO KEEP OPENING 3-5 NEW STORES EACH YEAR.INVESTMENTS IN NEXT THREE YEARS MAINLY COMMERCIAL, FROM 2020 GROUP WILL HAVE TO START THINKING ABOUT WIDENING HEADQUARTERS."HAPPY" IF GROUP ABLE TO KEEP LIKE-FOR-LIKE GROWTH AT 4 PERCENT IN COMING YEARS.  Full Article

Cucinelli like-for-like sales up 4 pct in first two months of 2018
Wednesday, 7 Mar 2018 12:00pm EST 

March 7 (Reuters) - Italy's Brunello Cucinelli says in a company presentation on 2017 results: :LIKE-FOR-LIKE SALES BETWEEN JAN. 1 AND FEB. 25, 2018 UP 4 PERCENT.  Full Article

Cucinelli sees 2018 core profits up "more than proportionally" with respects to sales
Wednesday, 7 Mar 2018 12:00pm EST 

March 7 (Reuters) - Italy's Brunello Cucinelli executives tell a post-results analyst call: :CFO SAYS TAX BENEFITS FROM 'PATENT BOX' IN 2017 EQUAL TO 4 MILLION EUROS, EXPECTS SIMILAR BENEFIT IN 2018, 2019.CFO SAYS GROUP TO INVEST 120-130 MILLION EUROS IN THREE YEARS BETWEEN 2018 AND 2020.CEO SAYS 2018 DIVIDEND TO BE AROUND 40 PERCENT OF PROFITS.CEO SAYS SEES IN 2018 AND 2019 "HEALTHY" DOUBLE DIGIT GROWTH IN SALES AND EBITDA, IN 2018 EBITDA RISING "MORE THAN PROPORTIONALLY".CEO SAYS TO INVEST 45 MILLION EUROS IN 2018.CEO SAYS HOPES FOR HIS FAMILY TO HOLD OWNERSHIP OF COMPANY FOR "SOME CENTURIES" BUT NOT NECESSARILY ITS MANAGEMENT.  Full Article

Italy's Brunello Cucinelli 2017 EBITDA At 87.5 Mln Euros
Wednesday, 7 Mar 2018 11:37am EST 

March 7 (Reuters) - ITALY'S BRUNELLO CUCINELLI ::SAYS 2017 EBITDA 87.5 MILLION EUROS.SAYS 2017 NET PROFIT 42.1 MILLION EUROS VERSUS THOMSON REUTERS SMART ESTIMATE OF 49 MILLION EUROS.SAYS TO PROPOSE DIVIDEND OF EUR 0.27 PER SHARE ON 2017 VERSUS 0.16 EUROS PER SHARE PREVIOUS YEAR.CEO SAYS SEES DOUBLE DIGIT GROWTH IN TERMS OF BOTH REVENUES AND PROFIT IN 2018.THE SELL-OUTS FOR THE 2018 SPRING/SUMMER COLLECTION ARE PROVIDING "ESPECIALLY POSITIVE" RESULTS.SAYS SEES IN 2018 TO HAVE A CLOSE-TO-ZERO NET FINANCIAL POSITION AT THE END OF 2018, WITH A FURTHER IMPROVING NEXT YEAR.INCLUDING BENEFITS OF PATENT BOX, 2017 NET INCOME AMOUNTED TO EUR 52.5 MILLION.  Full Article

Brunello Cucinelli shares down 7 pct after placement of 6 pct stake
Wednesday, 10 Jan 2018 03:01am EST 

Jan 10 (Reuters) - Brunello Cucinelli::SHARES DOWN 7 PERCENT AFTER TOP INVESTOR PLACES 6 PERCENT STAKE.FEDONE, THE HOLDING COMPANY OF FOUNDER BRUNELLO CUCINELLI, SOLD 6 PCT OF THE COMPANY'S SHARE CAPITAL AT 26 EUROS PER SHARE nFWN1P410F.STOCK CLOSED AT 28.9 EUROS ON TUESDAY.  Full Article

Cucinelli ‍Completes Placement Of 4.08 mln Shares At 26 Euros Per Share​
Tuesday, 9 Jan 2018 03:25pm EST 

Jan 9 (Reuters) - Cucinelli ::‍COMPLETES PLACEMENT OF 4.08 MILLION SHARES OF BRUNELLO CUCINELLI S.P.A., EQUAL TO 6.00% OF SHARE CAPITAL, AT 26.00 EUROS PER SHARE​.  Full Article

Brunello Cucinelli's top investor Fedone selling up to 6 pct of group
Tuesday, 9 Jan 2018 11:41am EST 

Jan 9 (Reuters) - Brunello Cucinelli says::TOP INVESTOR FEDONE STARTS BOOKBUILDING FOR SALE OF UP TO 6 PERCENT OF COMPANY.FEDONE AND CUCINELLI FAMILY COMMITTED TO KEEP MAJORITY STAKE IN GROUP IN THE LONG TERM.MEDIOBANCA IS SOLE BOOKRUNNER IN STAKE SALE.  Full Article

Italy's Cucinelli sales grow 10 pct in 2017
Monday, 8 Jan 2018 11:38am EST 

Jan 8 (Reuters) - Italian luxury group Brunello Cucinelli says: :2017 PRELIMINARY REVENUES AT 503.6 MILLION EUROS VERSUS THOMSON REUTERS ESTIMATE OF 502 MILLION EUROS.2017 REVENUES UP 10.4 PERCENT AT CURRENT EXCHANGE RATES.2017 LIKE-FOR-LIKE SALES UP 4.4 PERCENT.EXPECTS DOUBLE-DIGIT GROWTH IN 2018 SALES, PROFITS.  Full Article

Brunello Cucinelli Sees Double-Digit Growth in Revenues and Profits in 2018
Monday, 8 Jan 2018 11:36am EST 

Jan 8 (Reuters) - BRUNELLO CUCINELLI ::FY PRELIM NET REVENUES EUR 503.6 MILLION, UP 10.4 PERCENT AT CURRENT EXCHANGE RATES YEAR ON YEAR.NET DEBT AT DEC-END OF EUR 16 MILLION.CEO SAYS SEES FOR THIS YEAR DOUBLE-DIGIT GROWTH IN TERMS OF BOTH REVENUES AND PROFITS.CEO SAYS EXPECTS "EXCELLENT" FY 2017 PROFITS.FY PRELIM LIKE-FOR-LIKE SALES UP 4.4 PERCENT YEAR ON YEAR.  Full Article

Italy's Cucinelli aims to pay out 50 pct of earnings in dividends by 2020

May 10 Italian luxury group Brunello Cucinelli plans to increase the proportion of earnings it pays out as dividends to 50 percent by 2020, its Chief Executive and Chairman Brunello Cucinelli said on Thursday.