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On July, 27th BasicNet’s CEO Gianni Crespi has shown to colleagues the 2018 Half-Year Report, approved by the Board of Directors, called to meet in the morning under the chairmanship of Marco Boglione. Aggregate sales for 399 million euros up 7% related to the H1 2017; royalties and sourcing commissions up 5.3% to 25.7 million. EBITDA (+54.9%) was also up significantly to 13.1 million euros, with EBIT (+88.5%) at 10.1 million and a Net profit of 6.5 million – a jump of 87% after income taxes of 2.7 million euros. Aggregate sales of the global commercial and productive licensee network were particularly strong in Europe with growth of 8.5%; Asia and Oceania +6.1%; Americas up 2.8%. Sales of Italian licensee BasicItalia and its subsidiary BasicRetail of 67.1 million euros, up 11.6% on first half 2017.
idmedia: 138043
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