Globe International's results for the first half ended last Dec. 31 were adversely impacted by currency exchanges and gross margin pressures from a difficult retail environment and rising input costs. Net income from A$832,000 for the six months ended Dec. 31. Ebitda fell by 42 percent to A$1,881,000 (€0.9m-$1.3m) from A$3,264,000, but net income rose by 11 percent to A$924,000 (€489,000-$677,000).Revenues were off by 2.4 percent to A$46,402,000 (€24.4m-$33.9m). Regionally, in terms of Australian dollars, sales rose by 6 percent and by 9 percent in Australasia, but they declined by 21 percent in Europe, where they went down to A$6,958,000 (€3.6m-$5.1m).

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