BasicNet, growth in H1 2021; multi-voting rights approved
Aggregate sales of Group products by the Global licenseesâ€™ Network of 443 million euro, up 20.5% on H1 2020; consolidated revenues of 128.5 million euros (+17.7% on the same period in 2020). The Board of Directors of BasicNet approved the H1 2021 consolidated results on Thursday, July 29th. Royalties from commercial and productive licensees: 25.8 million euros (+15.5%) and direct sales of 102.6 million (+18.3%). EBITDA: 14.5 million; EBIT: 8.5 million; net profit: 4.1 million. On the same morning, the Extraordinary Shareholdersâ€™ Meeting approved the amendments to the By-Laws to introduce a mechanism for increasing voting rights. Click here for the press release and click here for the BreakingNews.