Tod's SpA (TOD.MI)
11 Dec 2018
Latest Key Developments (Source: Significant Developments)
Nov 7 (Reuters) - Tod's Chief Financial Officer Emilio Macellari tells analysts in a post-results conference call: :OCTOBER LIKE-FOR-LIKE SALES WERE IN LINE WITH 9-MONTH TREND, THEREFORE CAUTIOUS ON MARKET EXPECTATIONS ON FY REVENUES, WHICH HE SEES AS "FEASIBLE BUT CHALLENGING".PALE IMPROVEMENT IN LIKE-FOR-LIKE SALES IN Q3 NOT WHAT HAD HOPED FOR, IN Q4 IMPROVEMENT SHOULD BE MORE VISIBLE.IF TREND OF LIKE-FOR-LIKE SALES CONTINUES LIKE IN FIRST NINE MONTHS THIS WOULD HAVE IMPACT ON FULL YEAR RESULTS.COMPANY NEEDS GROWTH OF 2-3 PERCENT IN LIKE-FOR-LIKE SALES IN Q4 TO HAVE STABLE MARGINS.MARKET EXPECTATION FOR FY REVENUES CAN BE MET IF COMPANY GETS TAILWIND OF XMAS SEASON AS EXPECTED.RESULTS FROM NEW STRATEGY WILL TAKE MORE TIME THAN ENVISAGED; FIRST SIGNALS POSITIVE. Full Article
Aug 3 (Reuters) - Italy's Tod's Chief Financial Officer Emilio Macellari says: :LIKE-FOR-LIKE SALES IN JULY FOLLOWING A POSITIVE TREND, PERFORMANCE IS IMPROVING.FULL-YEAR CONSENSUS FOR REVENUE OF 960 MLN EUROS "ABSOLUTELY FAIR", THAT FOR EBITDA MARGIN OF 16.5 PERCENT CAN BE ACHIEVABLE THOUGH A BIT MORE CHALLENGING. Full Article
May 9 (Reuters) - Tod's SpA CFO Emilio Macellari said in a conference call following Q1 sales
May 9 (Reuters) - Tod's SpA
MILAN, Oct 16 The chairman of luxury company Tod's Diego Della Valle denied speculation over the possible sale of the group, whose majority is owned by his family.