Tod's: stock flat after H1 results

(CercleFinance.com) - Tod's shares are pretty flat this morning after the group announced its H1 results, including sales that were higher than analysts had expected.


The Italian company, which is the holding company of the luxury goods group of the same name that operates in the field of luxury and quality footwear, accessories and clothing with the Tod's, Roger Vivier, Hogan and Fay brands, posted H1 2022 sales of 467.5 million euros (+17.4% y-o-y).

Meanwhile, EBITDA reached 90.6 million euros, i.e. a margin of 19.4%. EBIT came in at 17.7 million euros, with the company posting a token profit of 0.8 million euros. Net financial debt reached 85 million euros.



Copyright (c) 2022 CercleFinance.com. All rights reserved.