Gucci has stepped up its sales by 28% lfl in Q4 and by 37% lfl in FY2018. Group sales were up 29.4% organically to reach €13,665m. The recurring operating margin strengthened by 400bp to 28.9% and the recurring operating profit was up 46.6% to €3,944m. The outlook is solid with a good start of the year for Gucci. No normalisation was reported.
