PRDSY Prada Spa (PK)

By Manuela Mesco

MILAN--Italian fashion company Prada SpA (1913.HK) said Tuesday its net profit fell for the nine months to Oct. 31.

The company recorded net profit of 235 million euros ($258.1 million), a decrease of 26.4% on the year, while operating profit fell nearly 25% to EUR373.9 million.

Revenues were up 1.2%, at EUR2.58 billion, supported by the beneficial effect of currency fluctuations. Stripped of the currency effect, revenues would have fallen 7%, the company said.

Write to Manuela Mesco at manuela.mesco@wsj.com

(END) Dow Jones Newswires

December 15, 2015 08:37 ET (13:37 GMT)

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