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On Monday, May 2nd BasicNet’s CEO Federico Trono has shown to colleagues the Q1 2022 performance, reviewed by the Board of Directors last Friday afternoon, April 29th. Aggregate sales by the Global licensee network of 277.5 million euros, up 28%. Aggregate royalties of 21.4 million, up 23%. Consolidated revenues of 84.6 million, up 26%. Strong growth for EBITDA, up 55.6%, and EBIT, up 77.5%. Commercial licensees’ sales confirmed 2021 growth:  90.8% in the Americas;  42.5% in Middle East and Africa;  10.4% in Europe;  35% in Asia and Oceania. An extraordinary Shareholders’ Meeting was called for May 30th to cancel 6,993,602 treasury shares in the portfolio without reducing the share capital.
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