Christian Dior FY20 revenue dips 17% to €45 bn

Fashion

Christian Dior FY20 revenue dips 17% to €45 bn

02 Feb `21

1 min read

The Christian Dior group, a France-based luxury goods company, has recorded 17 per cent revenue decrease to €44.7 billion in its complete fiscal 2020, that ended on December 31, compared to the revenue of €53.6 billion in the previous fiscal. Group’s net profit for the twelve-month period was down to €1.9 billion (FY19: €2.9 billion).

 

The Christian Dior group, a France-based luxury goods company, has recorded 17 per cent revenue decrease to €44.7 billion in its complete fiscal 2020, that ended on December 31, compared to the revenue of €53.6 billion in the previous fiscal. Group`s net profit for the twelve-month period was down to €1.9 billion (FY19: €2.9 billion). #

Operating profit for the year fell to €7.9 billion (€11.2 billion), while profit from recurring operations were €8.3 billion (€11.4 billion). Gross margin during FY20 slipped to €28.7 billion (€35.5 billion).

 

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