Basicnet improves strongly

The Italian company that owns Kappa, Robe di Kappa, K-Way, Superga, Lanzera and other brands has reported a 39.5 percent increase in net profit to €7,561,000 for the first quarter ended March 31. Operating earnings (Ebit) rose by 21.5 percent to €10.6 million, thanks to 11 percent higher direct sales ...

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