Shareholder confidence despite profit drop
Kering’s (KER) share price remains steady on Wednesday morning. After a brief dip immediately following the stock market’s opening, the share price is now a few percentage points higher than the previous day. The French luxury group published its second-quarter and first-half results for the financial year after markets closed on Tuesday. The financial update revealed a 46 percent drop in profits in the first six months of 2025. However, shareholders appear to remain confident, as evidenced by trading on the French stock exchange, Euronext.
The price per share at the time of writing was 220.35 euros (Wednesday, July 30, 10:30am GMT+2). The most recent high in Kering’s share price was on February 17, 2025. At that time, the price per…
