LANVIN GROUP Reports 6.4% Increase in Total Revenue to EUR 214.5 Million in Q2 of FY2023
September 6, 2023
☀️Earnings Overview
At the end of Q2 for the fiscal year 2023 (June 30, 2023), LANVIN GROUP ($NYSE:LANV) reported total revenue of EUR 214.5 million, which was a 6.4% increase from the corresponding quarter in FY2022. However, net income for this quarter was EUR -63.0 million, a decrease from the EUR -57.5 million reported the previous year.
Analysis
GoodWhale conducted an analysis of LANVIN GROUP‘s wellbeing and the results showed that the company was strong in growth but weak in asset, dividend, and profitability. The Star Chart indicated that LANVIN GROUP has an intermediate health score of 4/10 considering its cashflows and debt. This indicates that the company might be able to pay off debt and fund future operations. Based on the company’s profile, GoodWhale concluded that LANVIN GROUP is classified as ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given this understanding, investors that are willing to take on a higher risk may be interested in investing in this company. These investors may be interested in companies with high growth potential. They may also be looking for long-term investments and be willing to ride out short-term losses in exchange for the higher returns that they may get in the future. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lanvin Group. More…
| Total Revenues | Net Income | Net Margin |
| 435.15 | -223.79 | -40.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lanvin Group. More…
| Operations | Investing | Financing |
| -87.14 | -44.77 | 113.87 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lanvin Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 707.9 | 464.16 | 2.04 |
Key Ratios Snapshot
Some of the financial key ratios for Lanvin Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -51.4% |
| FCF Margin | ROE | ROA |
| -30.3% | -52.3% | -19.8% |
Peers
Lanvin Group Holdings Ltd is one of the leading luxury fashion houses in the world, offering a range of high-end clothing, accessories and fragrance products. The company is highly competitive and faces competition from some of the world’s premier international fashion and accessories companies, including Bijou Brigitte Modische Accessoires AG, Capri Holdings Ltd, and Adler Modemarkte AG. All these companies are renowned for their dedication to providing stylish and trend-setting products to the public.
– Bijou Brigitte Modische Accessoires AG ($BER:BIJ)
Bijou Brigitte Modische Accessoires AG is a leading European fashion accessories company that offers a wide range of jewellery, watches and handbags. As of 2023, it has a market capitalization of 421.89 million euros, making it one of the largest fashion companies in Europe. Furthermore, Bijou Brigitte has an impressive Return on Equity (ROE) of 17.96%, indicating that it has been able to maximize the return on the shareholders’ investments. The company’s strong financial performance has enabled it to expand its operations and grow its market share in the highly competitive European fashion accessories market.
– Capri Holdings Ltd ($NYSE:CPRI)
Capri Holdings Ltd is a global fashion luxury group comprising iconic fashion houses Versace, Jimmy Choo, and Michael Kors. The company has a market cap of 5.22B as of 2023 and a Return on Equity of 26.28%. This market cap puts the company among the largest fashion luxury groups in the world, and its return on equity is indicative of its strong financial strength. The company’s success can be attributed to its strong suite of brands and its ability to adapt to the ever-changing fashion industry.
– Adler Modemarkte AG ($LTS:0P54)
Adler Modemarkte AG is a leading fashion retailer in the European market, with a presence across 6 countries. The company has a market cap of 69.6M as of 2023, and it has a Return on Equity (ROE) of 32.94%, which is indicative of its strong financial performance. The company offers a wide range of products and services including clothing, footwear and accessories, as well as various other services such as online shopping, personal styling, and product customization. Adler Modemarkte AG has been able to maintain its competitive edge by continuously adapting to changing trends in the fashion industry, while also providing quality customer service.
Summary
LANVIN GROUP has seen an increase in revenue of 6.4% year-over-year for the second quarter of FY2023, with total revenue reported at EUR 214.5 million. However, net income for the quarter was considerably lower than it was during the same period last year, at EUR -63.0 million. Investors should carefully analyze the company’s performance and consider factors such as its ability to reduce expenses and generate positive returns. Additionally, they should consider the current and potential future market sentiment surrounding LANVIN GROUP to properly assess investment potential.
Related Posts
Recent Posts
