Brunello Cucinelli reported preliminary revenues of €1.28 billion ($1.31 billion) for 2024, reflecting a 12.4% increase at constant exchange rates. The strong performance exceeded the company’s guidance, driven by double-digit growth in the Americas and Asia, especially in the final weeks of the year. The luxury group also saw an 11.6% increase in turnover during the fourth quarter. Cucinelli expects strong profits due to high-quality sales and has revised its 2024 sales growth forecast to between 11% and 12%. The company anticipates around 10% revenue growth in both 2025 and 2026. Full-year results will be released on March 13.