BasicNet's profit up 5-fold

2014-02-27T00:00:00

BasicNet, the parent company of Kappa, K-Way and other brands, said in a preliminary statement that its net profit for 2013 surged to €8.4 million as compared to €1.6 million in 2012. Earnings before interest, taxes, depreciation, and amortization (Ebitda) were €22.8 million, representing a 91.2 percent increase. Adjusted operating ...

SIGN-IN if you are already a subscriber of SGI Europe - or Register a free account

Gated access promo

Start your 30-day trial for just €9.90

Get access to what the top decision makers are reading in the sporting goods industry:

  • Analysis across Retail, Sustainability, Technology, Corporate and M&A, Financial Development, Market and Trends, Legal & Regulation, Trade & Sourcing and more
  • Essential E-mail Briefings with the latest analysis and most important industry developments
  • Find inspiration to drive your business forward with our case studies and best practices on business opportunities
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry

Start your 30-day Trial TODAY!

For team or company-wide subscriptions and enquiries see our corporate membership page.