In This Article:
Lanvin Group Holdings (NYSE:LANV) Full Year 2023 Results
Key Financial Results
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Revenue: €426.2m (flat on FY 2022).
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Net loss: €146.3m (loss narrowed by 33% from FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lanvin Group Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Luxury industry in the US.
Performance of the American Luxury industry.
The company's shares are up 14% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Lanvin Group Holdings you should be aware of, and 1 of them doesn't sit too well with us.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.