Tod's and Yoox Net-A-Porter Group are the queens of Piazza Affari until mid-morning. In particular Yoox Net-A-Porter Group around 11 o'clock it gains 4,7% a 32,57 euros and it is the share that rises the most in the Ftse Mib, after the first accounts were approved yesterday post merger with Net-A-Porter. Yoox alone recorded revenues in the 9 months of 439,4 million (+20%), but also considering the turnover of Net-a-Portér, the pro-forma results show a jump in revenues to 1,2 billion (+32,2% o +21,5% at constant exchange rates, compared to €894,1 million in the first nine months of 2014). The adjusted EBITDA opened at 82,2 million euros, up 40,7% compared to 58,5 million in the first nine months of 2014, while the reported one would have recorded an increase of 75,1%. “Integration activities are proceeding apace”, said the CEO Federico Marchetti and "from the great work carried out in recent months it has emerged that the synergies expected from the merger are equal to 85 million, higher than the estimated 60 million".
In great dust too Tod’s: the title gains around 11 practically 3% a 81,25 euros per share, thus exceeding the threshold of 80 euros right from the start. Della Valle's company also published its accounts yesterday after the markets were closed: noand the first nine months the turnover reached 786,9 million (+6,2%) with a figure for the third quarter, the one in which many European fashion big names paid for the slowdown in China, equal to 271,6 million (+3,1%). Also in the nine months, the group's EBITDA amounted to 160,1 million, up by 2,4%. By virtue of these numbers, the patron XNUMX Diego Della Valle confirmed the year-end targets.
