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MONCLER GROUP GROUP REVENUE UP 57 % AT EUR 622 MILLION IN THE FIRST HALF MONCLER BRAND ACCELERATES IN Q2 , DRIVEN BY USA , CHINA AND DIGITAL The Board of Directors of Moncler S.p.A. has approved the Half - year Financial Report for the period ended 30 June 2021 ' . • Stone Island results consolidated from 1 April 2021 . CONSOLIDATED REVENUE : EUR 621.8 million , an increase of 57 % compared with EUR 403.3 million in the first half of 2020 and up 11 % on H1 2019 . • • MONCLER BRAND : revenue EUR 565.5 million , + 43 % with respect to the first half of 2020 and + 1 % on the same period in 2019 ; • Second quarter in acceleration ( + 5 % on Q2 2019 ) with a strong double - digit growth in USA , China , Korea , and the online ; Insourcing of e - commerce continues successfully . STONE ISLAND BRAND : revenue EUR 56.2 million in the second quarter of 2021 ; Solid performance in all markets and channels . EBIT2 : EUR 92.8 million ( 15 % of revenue ) , compared with an operating loss of EUR -35.5 million in the first half of 2020 and a 18 % margin in the first half of 2019 . • NET PROFIT2 : EUR 58.7 million ( 9 % of revenue ) , after a net loss of EUR -31.6 million in the first half of 2020 and a net profit of EUR 70.0 million in the first half of 2019 . NET FINANCIAL POSITION : EUR 233.9 million in cash , compared with EUR 855.3 million at 31 December 2020 and EUR 595.1 million at 30 June 2020 , including EUR 551.2 million cash out for the acquisition of Stone Island and EUR 118.3 million for dividend payments . Throughout this press release , figures are rounded to the first decimal place , growth rate at constant exchange rates if not otherwise stated 2 Net of Purchase Price Allocation ( PPA ) adjustments and of other costs related to the acquisition of the brand Stone Island ( see table page 10 ) 1