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BreakingNews: Q1 2017, aggregate sales up to 199 million (+4.9%); Shareholders’ AGM approved the 2016 financial statements
Menestrello 27/04/2017 
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On April 27th BasicNet’s CEO Gianni Crespi has shown to colleagues the 2017 Q1 approved by the Board of Directors, called to meet in the morning under the chairmanship of Marco Boglione. Worldwide aggregate sales of group brand products increase to 198.8 million euros (+4.9% on 189.4 million in Q1 2016) with a strong development on the American (+52.2%) and European (+9.4%) markets. Royalties and sourcing commissions up 3.1% to 12.2 million (11.8 million in the first quarter of 2016). Kappa® and Robe di Kappa® revenues up 10.9% with a strong growth in South America (+75.3% on Q1 2016 data). Superga® grows 45.5% in the Americas. Global commercial growth for the K-Way® brand too (+15.5%) with an exploit in France (+116.5%). On the same day the Shareholders’ AGM approved the 2016 separate financial statements and the distribution of a dividend of 3.3 million euros (euro 0.06 gross per share). 
 
NEWS TICKER
Turin, April 27th, 2017: BasicNet’s Board of Directors approves 2017 Q1 – aggregate sales up to 198.8 million euros (+4.9%)  – strong development on the American (+52.2%) and European (+9.4%)  – Royalties and sourcing commissions up 3.1% to 12.2 million – Shareholders’ AGM approves the 2016 separate financial statements and the distribution of a dividend of 3.3 million euros 


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