Tod’s posts strong results

16/11/2005

Italian luxury goods group Tod’s S.p.A. has posted strong results for the first nine months of 2005. Revenues increased 19.4% to reach 395.9 million, profits rose 34%, and net income grew 35.5% to 43.8 million.

The group reported strong growth for all the product categories. Sales of leather goods increased 30.5% to 81.2 million; shoes rose 17% to 250.4 million; and apparel increased 16% to 63.6 million.