Tecnica Group posted revenues of €173.7 million in the first half ended June 30, representing a 27 percent increase as compared to the same period of last year. Ebitda jumped to €17.1 million from €2.7 million in the first half of last year. The net result was a loss of €2.5 million, which, however, compares to a loss of €14.2 million in the first half of 2020. Lowa, Rollerblade and Moon Boot registered the strongest growth rates. By geographical region, sales of winter sports equipment were strong in North America, whereas the European market was impacted by Covid-related restrictions and the widespread closure of ski resorts across the continent. The brand portfolio of the Italian group, in which Italmobiliare holds a 40 percent stake, includes Tecnica (ski boots and footwear), Nordica (skis and boots), Moon Boot (footwear), Lowa (hiking boots), Blizzard (skis), and Rollerblade (inline skates). International sales account for around 90 percent of Tecnica Group’s turnover. Winter sports account for 35 percent of its total revenues. The remaining 65 percent is generated from sales of outdoor and skating products. In its own financial report for the six months of 2021, Italmobiliare said that Tecnica Group “proves to have overcome the difficulties related to the impact of the Covid-19 pandemic.” Its overall performance was even better than before the Covid pandemic, despite the difficulties encountered by winter sports brands in Europe, said Italmobiliare.

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