Brunello Cucinelli Spa (BCUCF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

evening and welcome to the presentation of the first quarter 2026 revenues of the Maison Brumello Cucinelli. Speakers will be Brumello Cucinelli, Executive Chairman and Creative Director, Luca Lisandroni, CEO, Riccardo Stefanelli, CEO, Dario Pipitone, CFO, Morino Ciarapica, Co-CFO Senior, and Pietro Arnaboldi, Investor Relations and Corporate Planning Director. in order to receive help from an operator doing the conference call, press star followed by zero. Now, I would like to hand over to Brunello Cucinelli. Good evening. Welcome back, as usual, journalists, analysts, investors, and dear friends. This is the second call of the year, but it is actually the first to discuss 2026. on the occasion of the Q1 revenue figures. We believe it is a very important call because of the period we are living through. That is why we would define this call as extremely important. All of us are present, ten of us as usual, and the call will proceed as follows i will read out the key figures then luca will provide you with a careful global overview of the markets then i will resume sharing our forecast for 2026 in detail and also some visibility on 2027 then together with ricardo we will summarize The following investments in artisanal production capacity are elasticity, flexibility and reversibility that was already tested in 2020 during the pandemic and also in 2021 when we resumed our business and activities following the pandemic. We will then focus on the new e-commerce platform built with artificial intelligence, in which we place great confidence, especially now, as was the case in 2020. Let me read out the figures. Excellent results with growth of 14% at constant exchange rates and total revenue of 369 million, plus 8.1% at current exchange rate. outstanding performance of th...