BasicNet FY26 H1 EBIT turns to loss of EUR 10.3 million; revenue rises 25.4% to EUR 216.4 million

Reuters2026/07/31 12:14

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BasicNet posted first-half 2026 consolidated sales of EUR 216.4 million, up 25.4%.
EBITDA (pro forma) fell 39.55% to EUR 9.1 million, reflecting integration costs for newly acquired Woolrich and Sundek.
EBIT (pro forma) swung to a loss of EUR 10.3 million, driven by higher depreciation and amortization tied to a larger retail network.
Net loss (pro forma) widened to EUR 11.1 million, while net financial position toward banks deepened to EUR 146.2 million.
Direct sales climbed 37.4% to EUR 188.7 million as e-commerce more than doubled, while royalties and sourcing commissions dropped 21.3% to EUR 27.2 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BasicNet S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 322_170478_2026_oneinfo.pdf), on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BasicNet FY26 H1 EBIT turns to loss of EUR 10.3 million; revenue rises 25.4% to EUR 216.4 million

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