BasicNet (Kappa): a turnover of €259.7m (-15%) for the financial year 2020

BasicNet posted a turnover of €259.7m for the financial year 2020, down 15% (€305.7m in 2019), including 9.6% in the fourth quarter alone, according to the parent company of the equipment manufacturer Kappa on 02/03/2021.

Royalties from its licensed distributors (see below) amounted to €46m (€55.6m in 2019/-17.2%), or 17.7% of the total, and...