(Finance) – The Consolidated Half-Year Report as at 31 October 2022 of Nice Footweara company active in the development, production and distribution of leisure and sports shoes, with its own brands (Kronos) under license (Ellesse, Avirex,) and distribution (G-Star RAW and Lyle & Scott), highlights total net revenue (production value) which amount to Euro 23.8 million, up by 60.57% compared to the first half of the previous year. The increase in absolute value is equal to Euro 8.9 million.
Ebitda (Gross Operating Margin) is equal to 15.36% of turnover compared to 7.43% as at 10.31.2021 and in absolute value is equal to Euro 3.6 million, an increase of Euro 2.5 million compared to the first semester 2021.
L’EBIT stands at 2.7 million Euros, while theNet income is equal to 2.8 million Euros.
There net financial position is Euro 9,595,892.
The company specifies that in the consolidated half-year report as at 31.10.2022 the company Emmegi was consolidated for the first time, which has been part of the Group since January 2022.