Financial Highlights

REVENUES AND EBITDA

REVENUES GROWTH
+27% reported
+19% constant currencies

694.2
m€

880.4
m€

REVENUES GROWTH

34.1%

EBITDA MARGIN

33.5%

34.1%

232.9
m€

300.0
m€

EBITDA

2014 2015 EBITDA margin

2015 REVENUES BY REGION

ITALY EMEA (excl. Italy) ASIA and REST OF THE WORLD AMERICAS

2015 REVENUES BY CHANNEL

2014

62%

RETAIL

430.7 m€

38%

WHOLESALE

263.5 m€

2015

70%

RETAIL

619.7 m€

+44% reported
+33% constant currencies

30%

WHOLESALE

260.7 m€*

-1% reported
-5% constant currencies

* Wholesale, net of Korean conversion impact, increased 5% at reported rates

MONCLER MONO-BRAND DISTRIBUTION NETWORK