Tod’s Profitability in 2022 Exceeds Expectations, Turnover is Expected to Increase in the Mid Term

3月 15, 2023

Italian luxury goods group Tod’s announced its complete financial data for the 2022 fiscal year. In the fiscal year 2022, Tod’s Group consolidated sales were 1,007 million Euros, up 13.9% from FY 2021, 10% higher than the pre-pandemic level of 2019. EBIT was 58.2 million euros in 2022 versus a 47-million-euro analysts’ forecast in a company-provided consensus.
Diego Della Valle, Chairman and CEO of the Group, commented as follows, “Our Group’s performance last year has been good and satisfying. In 2022, we successfully laid the foundations for future turn …