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CHANEL (CHANEL) investor relations material
CHANEL Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue reached $18.7 billion, down 4.3% year-over-year, reflecting challenging macroeconomic conditions in some markets.
Operating profit declined 30% to $4,479 million, impacted by record investments in brand activities, boutiques, and client experience.
Free cash flow was $1,842 million, with a positive net cash balance and a strong balance sheet maintained.
Headcount increased to over 38,400, with a focus on training, mobility, and leadership development.
Financial highlights
Adjusted EBITDA fell 24.2% to $5,226 million compared to 2023.
Profit after tax decreased 28.2% to $3,399 million year-over-year.
Capital investment rose 43% to $1,755 million, supporting boutique expansion and innovation.
Net cash position at year-end was $1,876 million, down from $5,797 million in 2023.
Free cash flow dropped 50.9% year-over-year.
Outlook and guidance
Continued significant investment planned in global distribution, with expansion into India, Mexico, Mainland China, Japan, and Canada.
Focus remains on long-term brand equity, client experience, and creative innovation.
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