The Kering share price was unimpressed on Wednesday morning. After a short decline directly after opening the stock market, he is now a few percent higher than the previous day.
The French luxury group released the results for the second quarter and the first half of the 2025 financial year on Tuesday after the Stocksenship Closes. The financial indicators showed a decline in profit by 46 percent in the first six months. The shareholders showed on the French stock exchange Euronext: but continued to trust.
At the time of publication, the share price is 220.35 euros (Wednesday, July 30, 10:30 a.m., UTC+2). The latest high of the Kering share course was on February 17, 2025. At that time, the course on the French stock exchange reached a height of 280 euros.
Kering, above all, feels the effects of the problems with the Gucci fashion brand. The Italian brand makes up almost half of the group sales and almost two thirds of the operational profit. However, Gucci has repeatedly recorded declining results in the past seasons. In the second quarter, sales fell by 27 percent.
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