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Milan – September 8th , 2021 - TOD'S S.p.A. – STRONG SALES RESULTS AND VISIBLE PROFITABILITY RECOVERY IN THE FIRST HALF OF 2021. EXCELLENT PERFORMANCE OF THE E - COMMERCE CHANNEL . STRONG PERFORMANCE OF GREATER CHINA AND ROGER VIVIER The Board of Directors approved Tod's Group 2021 Half - Year Report Group's sales : 398.4 million Euros , + 55.1 % from HI 2020 EBITDA : 65 million Euros , with a 16.3 % margin on sales EBIT : -2.7 million Euros , compared to a 94.1 million Euros operating loss in HI 20 Group's Net Result : -20.7 million Euros , compared to a 80.6 million Euros loss in HI 20 Net Financial Debt ' : 131.7 million Euros Approval of the merger plan for incorporation of the wholly owned subsidiaries Filangieri 29 S.r.l. and Del.Pav . S.r.l. The Board of Directors of Tod's S.p.A. , the Italian company listed on the Milan Stock Exchange and holding of the luxury goods group of the same name operating in luxury and quality shoes , accessories and apparel with the Tod's , Roger Vivier , Hogan and Fay brands , today approved the Group's report for the first half of 2021 ( January 1st June 30th , 2021 ) . Message of the Group's Chairman and CEO Diego Della Valle , Chairman and CEO of the Group , commented as follows : " The second quarter of the year confirmed an acceleration of the Group's performance , especially in the areas of the world where the stores are working at full capacity . Very strong growth in China , while the areas penalized by the absence of tourists are still weak . Roger Vivier registered solid results and consumer feedback on the Tods brand collections was very satisfactory , both for shoes and for all leather goods ; we are also very satisfied with the good start of the Fall Winter collections currently in stores . The results of the e - commerce channel were excellent , thanks also to the important investments made in the digital division . I believe that the increase in volumes and the quality of revenues , together with the careful control of overhead costs , will allow us to achieve a gradual improvement in margins . | The balance is calculated excluding 425.8 million Euros of lease liabilities . TOD'S S.P.A. - SHARE CAPITAL EURO 66 , 187,078 ENTIRELY PAID - REGISTERED OFFICE : SANT'ELPIDIO A MARE ( FM ) -VIA FILIPPO DELLA VALLE N. I FISCAL CODE AND REGISTRATION NUMBER WITH THE FERMO REGISTER : 01113570442 - CORPORATE WEBSITE : www.todsgroup.com