Kering SA Net Worth 2012-2023 | PPRUY (2024)

FAQs

What is Kering's net worth? ›

Kering SA net worth as of June 05, 2024 is $43.38B. Kering is involved in the design, manufacture and distribution of apparel and accessories. It operates through two segments: Luxury segment and Sport and Lifestyle segment.

Kering SA annual net income for 2023 was $3.229B, a 15.19% decline from 2022. Kering SA annual net income for 2022 was $3.807B, a 1.32% increase from 2021. Kering SA annual net income for 2021 was $3.757B, a 52.95% increase from 2020.

Kering SA annual revenue for 2023 was $21.176B, a 1.24% decline from 2022. Kering SA annual revenue for 2022 was $21.442B, a 2.71% increase from 2021. Kering SA annual revenue for 2021 was $20.876B, a 39.51% increase from 2020.

Breakdown of share capital

Kering is 42%-owned by Artémis, the holding company controlled by the Pinault family.

Cash flow and financial position

Excluding real estate acquisitions and disposals, free cash flow from operations was €3.3 billion. At December 31, 2023, Kering's net debt amounted to €8.5 billion.

Kering (French: [kɛːʁiŋ]) is a French-based multinational corporation specializing in luxury goods. It owns the brands Gucci, Balenciaga, Bottega Veneta, Yves Saint Laurent, Creed and Alexander McQueen.

From its origins in wood trading, our business initially evolved into specialized distribution. We then made the strategic choice to focus on Luxury, an industry in full expansion and transformation at the time. In just a few years, Kering has become one of the leading players in this sector.

Talent first and always. With more than 47,000 employees around the globe, diversity is part and parcel of every day life at Kering.

François-Henri Pinault | Kering Chairman & CEO | Kering | Kering.

The 26-year-old Francois Louis Nicolas Pinault will replace his grandfather and Kering's founder on the board of Christie's, the London-based auctioneer.

Is Kering a good investment? ›

Kering SA has 11.84% upside potential, based on the analysts' average price target. Kering SA has a consensus rating of Hold, which is based on 3 buy ratings, 9 hold ratings and 2 sell ratings. The average share price target for Kering SA is €361.92.

About Kering

Kering has a dynamic and diverse workforce of 49,000 employees worldwide and delivered a revenue of €19.6 billion in 2023 - making the Group a leading player in the luxury industry. We capture our beliefs in our signature Empowering Imagination.

Kering was reportedly in advanced talks last year to acquire Tom Ford, which analysts observed could have helped the conglomerate kickstart its in-house beauty business — but in the end, Estée Lauder Companies agreed to acquire Tom Ford in a $2.8 billion deal.

Total assets on the balance sheet as of December 2023 : $45.73 B. According to Kering 's latest financial reports the company's total assets are $45.73 B. A company's total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

With an estimated value of $51.28 million, the brand's financial status is undoubtedly robust. However, it is believed that Balenciaga's true worth exceeds $82.05 million, solidifying its position as a prominent player in the fashion industry.

Some of the most prominent companies in their portfolio are Gucci, Saint Laurent, Alexander McQueen, Bottega Veneta, and Balenciaga. Kering operates in all the main markets around the world, and their main market is the Asia-Pacific region.

François-Henri Pinault | Kering Chairman & CEO | Kering | Kering.

As of 2023, Kering had a total of 538 directly operated GUCCI stores throughout the world. The Kering Group had a total of 1,771 directly operated stores around the world that year, at the end of the year.