The Board of Directors of BasicNet, called to meet on April 27th, 2015 under the chairmanship of Marco Boglione, approved the 2015 First Quarter Report. Aggregate sales of Group products by licensees globally grew up to 145.4 million euros with a significant development of Superga® and K-Way® sales – respectively up 67% and 33%. Kappa® and Robe di Kappa® sales grew up 10%. All regions report improved sales: Americas (+53.3%), Middle East and Africa (+46.6%), Asia and Oceania (+42.5%), Europe (+15.7%). Sales of the Italian licensee company BasicItalia and its subsidiaries amounted to 15.8 million euros. Royalties and sourcing commissions grew up to 16.2 million euros. Consolidated pre-tax profit amounted to 11.5 million and consolidated net profit grew up to 7.6 million euros, up 39.5%. Net debt further reduced to 42.9 million euros. Strong Stock Market performance, with gains of 65% since the beginning of the year.
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April 27th, 2015: the Board of Directors of BasicNet approved the 2015 First Quarter Report – aggregate sales up to 145.4 million euros – significant development of Superga® (up 67%) and K-Way® (up 33%) sales – all regions report improved sales – royalties and sourcing commissions up to 16.2 million euros – consolidated net profit up 39.5%