(Tiper Stock Exchange) – Tod’s closed the first semester with a consolidated resultnet of current and deferred taxes for the period, equal to 30.9 million Euroswhich compares with a profit of Euro 0.8 million in the first half of 2022.
THE consolidated turnover stands at 569.1 million Euros, in growth of 21.7%, compared to the first half of 2022. The value ofEBITDA amounts to 138.8 million euros, with a margin on revenues of 24.4%, up by five percentage points compared to 19.4% in the first half of 2022. Significant improvement in the value ofEBITwhich stood at 60.3 million euros, compared to 17.7 million euros in the first half of 2022, with a margin on revenues of 10.6%, almost tripled, compared to 3.8% in the first half of 2022 .
“I am very satisfied with the results achieved by our Group in the first half: the double-digit growth in revenues, for all brands, was accompanied by a strong improvement in the Group’s profitability, with the operating result more than tripling compared to last year “, commented Diego Della ValleChairman and Chief Executive Officer of the Group, adding “the results of Tod’s and Roger Vivier were particularly brilliant, in all their product categories, confirming the ever-increasing appreciation by customers for the very high quality of the products, their craftsmanship and their style”.
The Net Financial Debt total amounts to 592.7 million euros, compared to 574.3 million euros in June 2022.