The Board of Directors of BasicNet approved the 9M 2020 consolidated results on Thursday, October 29^th. Group brands’ aggregate sales totaled more than 608 million euros, with a partial recovery on the main markets – compared to the first six months of the year – of the impact on sales caused by anti-Covid measures. Consolidated revenues of 196.5 million: 33.2 as royalties; 163.3 as direct sales. Ebitda 16.1 million euros; Ebit 7.4; net debt: 80.1 million, down on 93.3 on September 30^th, 2019. Three investments were completed in 2020: the acquisition of Kappa Europe, Kappa Japan, and the BasicVillage in Milan. Click here for the press release and click here for the BreakingNews.