Historic Performances in 2017 for Kering
while operating profit (EBITDA) jumped 49.4% year on year to €3,464 million delivering a margin of 22.4% (+3.7 percentage points). Watches & Jewelry brands continued to deliver firm growth in sales, up 8.7% on a comparable basis. “The performance of the Group’s Jewelry Houses in 2017 reflects the implementation of their growth and investment strategies”, says Kering. “Watches posted sales growth, propelled by the success of their classic and innovative products.”