The Italian luxury house BRUNELLO CUCINELLI The company closed 2025 with growing results and stable profitability, confirming the solidity of its development model. Net profit reached €142 million, up 10,5% from the previous year, with a 10,1% margin on revenue, in line with 2024.
The board of directors will propose to the shareholders' meeting on April 23rd the distribution of a dividend of €1,04 per share, corresponding to a 50% payout. In terms of revenue, the group recorded €1,408 billion, up 11,5% at constant exchange rates and 10,1% at current exchange rates, supported by widespread and balanced demand across markets and distribution channels.
From an operating perspective, adjusted profit reached €235,9 million, an increase of 11,4% compared to €211,7 million in 2024. Operating margin improved from 16,6% to 16,8%. This figure excludes an extraordinary provision of €8,1 million for potential losses on trade receivables from Saks Global Holdings LLC, following the U.S. group's voluntary initiation of Chapter 11 reorganization proceedings.
Taking this provision into account, operating profit stood at €227,8 million, up 7,6% year-on-year, with a margin of 16,2%.
During the financial year, the company incurred capital expenditures of €146,2 million, equal to 10,4% of revenues, a level described by management as extraordinary. This financial commitment, combined with the distribution of €68,8 million in dividends, contributed to a net debt of €198,4 million at the end of 2025.
Executive Chairman and Chief Creative Officer BRUNELLO CUCINELLI He described the year just ended as "solid and balanced," emphasizing how financial results and international recognition strengthen future growth prospects. According to the founder, global markets are showing healthy and balanced development, with brands increasingly distinct in their identity and positioning.
The start of the new financial year confirms a positive sales trend across all geographic regions. Order intake for the Fall/Winter 2026 men's and women's collections has been well received by buyers, international press, and the retail network, fueling expectations of revenue growth of around 10% in 2026 as well, coupled with sustainable profitability.
For the coming years, the group also expects a progressive improvement in its financial position, supported by a return to normal investment levels following the early completion of the strategic plan dedicated to the development of Made in Italy artisanal production.