Italy · Delayed Price · Currency is EUR BasicNet Earnings Call Transcripts
Fiscal Year 2026
-
Aggregate sales grew 11% and consolidated revenues rose over 35% year-over-year, driven by Woolrich and Sundek acquisitions. EBITDA increased more than 20%, with cost-saving actions underway, especially for Woolrich. Retail slowed in March/April, but wholesale backlog remains strong.
Fiscal Year 2025
-
Fiscal 2025 saw steady revenues and improved net financial position, driven by major acquisitions and a strong start to 2025. K-Way and Sebago outperformed, while Superga lagged due to market trends. Woolrich and Sundek are expected to contribute positively to EBITDA in 2026.
-
Revenues rose 2.5% year-over-year, with a strong Q3 recovery and record direct sales. K-Way and Sebago are expanding retail, while Kappa remains wholesale-focused. Premier's investment in K-Way and ongoing share buybacks highlight confidence in future growth.