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1、 CHANEL LIMITED FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2022 London,25 May 2023 KEY FINANCIAL HIGHLIGHTS 2022 financial results driven by strong client demand across all product lines,reaffirming the desirability of Chanels creations Revenues of$17.2 billion,up 17%versus 2021 on a comparabl

2、e basis at constant currency Operating profit of$5,776 million,an increase of 5.8%compared to 2021 Positive net cash balance at the end of the year,reflecting Chanels strong performance and financial health Investment of$2,052 million in brand support activities,up 14.3%compared to 2021,including cl

3、ient events held throughout the year Capital expenditure at$668 million,representing 3.9%of sales Free cash flow of$3,534 million Leena Nair,Global Chief Executive Officer,commented:“The strong performance we are announcing today reflects the strength of our brand,our client relationships,and the fr

4、eedom of creation that defines everything we do.Since joining Chanel in January 2022 and engaging with our teams across the world,I have experienced the passion and creativity that is reflected in these results.With our expanding international footprint,we are determined to contribute positively to

5、the environment and our communities.Our sustainability ambition is focused on restoring nature and climate,investing in circularity,supporting those in our extended supply chain to thrive and the autonomy of women.This year we also significantly increased funding to Fondation CHANEL,one of the world

6、s largest philanthropic organisations solely focused on gender equality.Our fundamental belief is that when we focus on building our brands strength,engaging with our clients,taking care of our people and integrating a long-term perspective in everything we do,our financial performance will follow.A