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Kering

Global luxury groups · KER.PA

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in EUR, as reported

H1 2026 (to June) · Year-to-Date

Reported 2026-07-28
Revenue¥1,328.1bn−3.0%
Recurring operating income¥166.0bn0.0%
Net income¥36.9bn−60.0%

Converted from EUR at this period's average rate. The change is as the company reported it, in EUR.

Gucci's owner edged back to growth — first-half revenue rose 1% on a comparable basis (−3% reported on the strong euro) and recurring operating margin improved. Group net profit fell to €0.2bn, dragged by disposal and one-off effects (continuing-operations net profit excluding those was €0.4bn); the Kering Beauté sale to L'Oréal slashed debt. Its jewellery houses cited particularly strong momentum in Japan.