BasicNet: the aggregate sales grew up to 422 million euros (up 14.8%)
On February 10th, 2012 the Board of Directors of BasicNet examined the consolidated pre-actuals for 2011. The aggregate sales in the world of the Group-branded products grew up to 422 million euros (367 million in 2010; up 14.8%), with an excellent echoing across the international marketplace, particularly Asia and Oceania (up 78%), Middle East and Africa (up 22%). Royalty income and sourcing commission up 17.2% from the year before: 38 million euros (32 million at year-end 2010). Upbeat sales (up 20%) at single-branded shops and stores: 78 new sales outlets in Italy in the year 2011 (257 in total). Direct turnover at 160 million euros, net incombe attributable Group stretches beyond 8 million, EBITDA over 20 million, substantial improvement (9.6%) honed by net financial indebtedness.
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