Technogym H1 Results Pumped Up By B2B, North America
The Italian fitness equipment brand reported a 17% revenue increase to €325.2 million ($346.3 mm) from €276.3 million in H1, buoyed by a 35% increase in B2B sales to €241.4 million and a nearly 53% revenue gain in North America to €45.3 million. H1 EBIT was 1% higher at €7,484,000, and the group reported an operating loss of €607,000. All geographies faired well, with home, gyms and hospitality driving sales here, ... Log in to view full article.
