Added to YB: 2025-08-27
Pitch date: 2025-08-23
KER.PA [neutral]
Kering SA
+32.74%
current return
Author Info
Saadiyat Capital has been an investment analyst for various hedge funds in the UK, USA, and Germany (currently in London). Sign up for the newsletter.
Company Info
Kering SA manages the development of a collection of renowned houses in fashion, leather goods, and jewelry in the Asia Pacific, Western Europe, North America, Japan, and internationally.
Market Cap
EUR 40.7B
Pitch Price
EUR 223.15
Price Target
N/A
Dividend
1.81%
EV/EBITDA
14.09
P/E
55.82
EV/Sales
3.63
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Kering H1 2025 Earnings Report
KER.PA (earnings update): H1 revenue -15% organic, Gucci -25% driving decline; new CEO Luca de Meo Sept 2025, Demna at Gucci creative director Sept debut; YSL -10%, Bottega +2% bright spot; massive creative overhaul across 4 brands high-risk strategy; store closures, cost cuts amid margin pressure; trades at discount to LVMH/Hermès on turnaround skepticism but potential upside if Gucci reboot succeeds.
Read full article (13 min)