The Tecnica Group scored better than expected in 2017, booking a 10 percent sales increase to €365 million for the year (just above the Rossignol Group). Ebitda went up to €32.3 million from €27.9 million in 2016. The best performances were achieved by Moon Boot, whose sales went up by 29 percent; by Nordica, which grew by 13.5 percent, and by Tecnica and Blizzard, whose combined sales rose by 10 percent. Geographically, sales increased by 9.4 percent in the U.S., by 7.5 percent in Germany and by 7.5 percent in the domestic Italian market. As we previously reported, an Italian investment group, Italmobiliare, acquired a 40 percent stake in the family-owned company through an equity increase last Nov. 22.

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