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On Thursday, July 30th BasicNet CEO Federico Trono has shown to colleagues via live streaming the 2020 Half-Year Report, approved by the Board of Directors, called to meet in the morning under the chairmanship of Marco Boglione. Aggregate sales for 367.6 million euros; consolidated revenues at 109.1 million; royalties and sourcing commissions of 22.4 million euros. The H1 2020 results reflect the restrictions imposed to contain the spread of Covid-19, softened thanks to the flexibility of BasicNet’s business model. Aggregate sales decreased across all regions: Europe, the Americas, the Middle East and Africa, Asia, and Oceania. A recovery is expected in the second half of the year – if the health emergency will not re-emerge.
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