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BreakingNews: the aggregate sales of Group-branded products grew up to 422 million euros (up 14.8%)
BasicNet 13/02/2012 


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The Board of Directors of BasicNet, called to meet on February 10th, 2012 under the chairmanship of Marco Boglione, examined the consolidated pre-actuals for the year 2011, pending receipt of the consolidated actuals 2011, which will be submitted for review by the Board on March 21st, 2012. The aggregate sales in the world of the Group-branded products grew up to 422 million euros (367 million in 2010; up 14.8%), with an excellent echoing across the international marketplace, particularly Asia and Oceania (up 78%), Middle East and Africa (up 22%). Royalty income and sourcing commission up 17.2% from the year before, reaching 38 million euros (32 million at year-end 2010). Upbeat sales (up 20%) at single-branded shops and stores: 78 new sales outlets in Italy in the year 2011 (257 in total), of which 45 operating under the Superga sign, 32 under the Robe di Kappa sign and 1 under the K-Way sign. Direct turnover at 160 million euros, net incombe stretches beyond 8 million, Ebitda over 20 million, substantial improvement (9.6%) honed by net financial indebtedness.



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