Big Progress For Basicnet’S Ebitda

2007-11-26T00:00:00

BasicNet saw its operating profit before amortization and depreciation (EBITDA) dramatically soar to €17.38 million in the 9-month period ended last Sept. 30, compared with €4.01 million a year earlier. Cost efficiencies and higher revenues, especially from its Kappa and Superga brands, were the main factors of this performance.

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