Business
Italy's Piquadro nine-month revenue rises 1.7% yr/yr
Italy's Piquadro nine-month revenue rises 1.7% yr/yr
About this update from Piquadro S.p.a
OverviewItaly leather accessories firm's nine-month revenue rose 1.7% yr/yr to €136.8 mlnNet financial position as of Dec 31, 2025, was negative due to IFRS 16 impactAdjusted net financial position improved to €15.2 mln from €10.2 mln last yearOutlookCompany did not provide specific future guidanceResult DriversBRAND PERFORMANCE - The Bridge brand revenue rose 4.1%, Lancel brand increased 7.9%CHANNEL GROWTH - DOS channel increased 5.3%, e-commerce rose 47.8%FINANCIAL POSITION - Adjusted net financial position improved to €15.2 mln from €10.2 mln last yearKey DetailsMetric9M RevenueBeat/MissActualEUR 136.80 mlnConsensus EstimateAnalyst CoverageThe one available analyst rating on the shares is "buy"The average consensus recommendation for the apparel & accessories peer group is "hold."Wall Street's median 12-month price target for Piquadro SpA is €3.66, about 38.6% above its February 4 closing price of €2.64The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months agoPress Release: For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .