Moncler Spa · MIL:MONC
Moncler Spa — Q1 2026 Earnings Presentation
21 slides from Moncler Spa's earnings presentation, Apr 21, 2026
Slide 1: Q1 2026 Interim Management Statement
Q1 2026 INTERIM MANAGEMENT STATEMENT 1
Slide 2: CEO quote by Remo Ruffini
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 2 "What clearly emerged in the first quarter of this year goes beyond a strong revenue performance: it is the depth of the relationships that our brands continue to build with their communities around the world. In a global context shaped by conflic
Slide 3: Moncler Group Q1 2026 Revenues Highlights
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 3 MONCLER GROUP | Q1 2026 REVENUES HIGHLIGHTS (1) EUR M; CFX GROWTH % Q1 Q1 Group revenues were up 12% YoY at constant exchange rates, and up 6% YoY at current +12% exchange rates, reflecting 6 percentage points of negative 880.6 impact from currenc
Slide 4: Moncler Grenoble Celebrates Its Future Heritage Through 100 Days of Activations
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 4 MONCLER GRENOBLE CELEBRATES ITS FUTURE HERITAGE THROUGH 100 DAYS OF ACTIVATIONS ASPEN MONCLER GRENOBLE & ASPEN: A MATCH MADE IN THE MOUNTAINS Starting in December 2025, Moncler Grenoble embarked on 100 days of relentless orchestration, activations
Slide 5: Moncler Grenoble Celebrates Its Future Heritage Through 100 Days of Activations
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 5 MONCLER GRENOBLE CELEBRATES ITS FUTURE HERITAGE THROUGH 100 DAYS OF ACTIVATIONS “BEYOND PERFORMANCE” EXHIBIT AND RETURN TO THE WINTER OLYMPICS WITH LUCAS PINHEIRO BRAATHEN AND TEAM BRAZIL MONCLER GRENOBLE PRESENTED THE MONCLER AND OSKAR METSAVAHT
Slide 6: Moncler Other Q1 Highlights
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 6 MONCLER | OTHER Q1 HIGHLIGHTS MONCLER GENIUS X RICK OWENS’ FIRST MONCLER COLLECTION SPRING 2026: TIMELESS MONCLER FOOTWEAR: BRAND NEW TRAILGRIP LP SPRING/SUMMER COLLECTION ELEGANCE IN THE ETERNAL CITY Moncler Genius & Rick Owens launched the first
Slide 7: Stone Island Q1 Highlights
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 7 STONE ISLAND | Q1 HIGHLIGHTS STONE ISLAND PROTOTYPE STONE ISLAND CONTINUED ITS NEXT CHAPTER OF ‘COMMUNITY AS A OPENING OF THE NEW FLAGSHIP RESEARCH_SERIES 09 FRIEZE GLOBAL PARTNERSHIP AT THE FORM OF RESEARCH’ PROJECT | SS '026 STORE IN NAPLES LA 2
Slide 8: Moncler Revenues by Geography
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 8 MONCLER | REVENUES BY GEOGRAPHY MONCLER REVENUES (EUR M; CFX GROWTH %) Q1 Q1 revenues were up 12% YoY, driven by solid growth recorded in both channels, with DTC (1) +12% standing out despite a high comparable base. 766.5 721.8 ASIA (which include
Slide 9: Moncler Revenues by Channel
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 9 MONCLER | REVENUES BY CHANNEL MONCLER REVENUES (EUR M; CFX GROWTH %) Q1 Moncler DTC revenues rose to EUR 674.5m, +14% YoY, despite ongoing market volatility and a +12% very high multi-year comparable base. 766.5 721.8 The physical channel register
Slide 10: Stone Island Revenues by Geography
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 10 STONE ISLAND | REVENUES BY GEOGRAPHY STONE ISLAND REVENUES (EUR M; CFX GROWTH %) Q1 Q1 revenues were up 11% YoY, boosted by continued double- digit growth in the DTC channel. +11% ASIA grew by 25% YoY, with 114.1 strong double-digit growth 107.3
Slide 11: Stone Island Revenues by Channel
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 11 STONE ISLAND | REVENUES BY CHANNEL STONE ISLAND REVENUES (EUR M; CFX GROWTH %) Q1 Stone Island DTC revenues grew to EUR 60.6m, up 17% YoY, driven by positive growth in all +11% regions, with the Americas and Asia outperforming. 114.1 107.3 The ph
Slide 12: Group Mono-Brand Store Network
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 12 GROUP MONO-BRAND STORE NETWORK MONCLER DOS: 295 STONE ISLAND DOS: 94 31.03.2026 31.12.2025 31.03.2025 MONCLER STONE ISLAND MONCLER STONE ISLAND MONCLER STONE ISLAND ASIA 146 53 146 54 142 56 EMEA 97 33 98 32 96 27 AMERICAS 52 8 51 9 46 7 RETAIL 2
Slide 13: Moncler Grenoble Aspen
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 13 MONCLER GRENOBLE ASPEN
Slide 14: Stone Island Naples
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 14 STONE ISLAND NAPLES
Slide 15: Appendix
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 15 APPENDIX
Slide 16: 2023-2025 Full-Year Income Statement
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 16 2023-2025 FULL-YEAR INCOME STATEMENT FY 2025 FY 2024 FY 2023 EUR m % on rev. EUR m % on rev. EUR m % on rev. REVENUES 3,132.1 100.0% 3,108.9 100.0% 2,984.2 100.0% YoY performance +1% +4% +15% GROSS PROFIT 2,446.2 78.1% 2,426.6 78.1% 2,300.8 77.1%
Slide 17: 2023-2025 Half-Year Income Statement
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 17 2023-2025 HALF-YEAR INCOME STATEMENT H1 2025 H2 2025 FY 2025 H1 2024 H2 2024 FY 2024 H1 2023 H2 2023 FY 2023 EUR m % on rev. EUR m % on rev. EUR m % on rev. EUR m % on rev. EUR m % on rev. EUR m % on rev. EUR m % on rev. EUR m % on rev. EUR m % o
Slide 18: 2025 Revenues Quarterly Performance
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 18 2025 REVENUES QUARTERLY PERFORMANCE Q1 25 vs 24 Q2 25 vs 24 Q3 25 vs 24 Q4 25 vs 24 EUR m 2025 2024 cFX 2025 2024 cFX 2025 2024 cFX 2025 2024 cFX MONCLER 721.8 705.0 2% 317.2 336.3 (2%) 514.2 532.0 (1%) 1,167.7 1,134.1 6% STONE ISLAND 107.3 113.0
Slide 19: 2025 Revenues YTD Performance
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 19 2025 REVENUES YTD PERFORMANCE Q1 25 vs 24 H1 25 vs 24 9M 25 vs 24 FY 25 vs 24 EUR m 2025 2024 cFX 2025 2024 cFX 2025 2024 cFX 2025 2024 cFX MONCLER 721.8 705.0 2% 1,039.0 1,041.3 1% 1,553.2 1,573.3 0% 2,720.9 2,707.3 3% STONE ISLAND 107.3 113.0 (
Slide 20: Financial Calendar, Shareholding, IR Contacts
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 20 FINANCIAL CALENDAR, SHAREHOLDING, IR CONTACTS FINANCIAL CALENDAR IR CONTACTS 22.07.2026 H1 2026 Financial Results [email protected] 21.10.2026 9M 2026 Interim Management Statement ELENA MARIANI Moncler Group Strategic Planning and In
Slide 21: Disclaimer
Q1 2026 INTERIM MANAGEMENT STATEMENT 21 APRIL 2026 21 DISCLAIMER This presentation is being furnished to you solely for your information and may not be reproduced or redistributed to any other person. This presentation might contain certain forward-looking statements that reflect the Company’s manag