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Article Date: March 2023
Word Count: 267

Technogym Net Inches Higher on Record Top Line


Net income attributable to shareholders was up 1% to €63,587,000 ($64.9 mm) from €63,065,000 on record revenues up 18% (+15% CC) to €721,490,000 ($736.2 mm) from €611,412,000. Easing lockdown restrictions saw record results in Hospitality and Residential and Health Corporate and Performance within the business-to-business segment. These results were partially offset by political turmoil and inflationary pressure dinging the consumer segment, which was also facing a tough comparison to 2021’s lockdown gains.

 

All geographies were up double digits for the year, save for the Italian home market. North America posted a 21% ... Log in to view full article.

 


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