(Tiper Stock Exchange) – CSP International Fashion Grouplisted on Euronext Milan and a manufacturer of hosiery, tights, underwear, swimwear, knitwear and fashion items, closed its 2022 with sales equal to 94.2 million euros (91 million euros in 2021), a EBITDA equal to 5.2 million euros (vs 6.5 million euros) with a percentage incidence that increased from +7.2% to +5.5%, and a Net income equal to 0.5 million euro (vs 0.8 million euro).
There Net Financial Position has a net debt of 1.5 million euros (2021: liquidity of 5.4 million euros).
“It ended a really challenging exercise – commented theCEO Carlo Bertoni – nonetheless, for the second consecutive year, the financial statements closed on a positive note and the group’s operating performance was only slightly affected by a highly inflationary economic context, unprecedented in the recent past, which we managed to combat through balanced pricing policies and improving our operational efficiencywhile maintaining our infrastructure investment and promotional advertising support policies to support the growth of our brands, the modernization of our business processes, digital transformation and sustainability projects”.
(Photo: © Veerasak Piyawatanakul)