This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEIA90U6_L.jpg
Revenues totalled 724.9 million euros ($738 million) in the period, above a 716 million euro forecast in an analyst consensus cited by Intesa Sanpaolo (OTC:ISNPY) research.
“We are confident that we will be able to achieve good results also for the future,” Chairman and CEO Diego Della Valle said in a statement citing orders coming in for the spring/summer collection.
An attempt by the Della Valle family to take Tod’s private failed last month, after a takover tender fell short of the 90% ownership threshold needed for the de-listing.
The Della Valle family owns 64.5% of the company.($1 = 0.9829 euros)
