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European Sales Up 24% for Globe in Half Year Ended December 2021

GLOBE INTERNATIONAL LIMITED RESULTS FOR THE HALF-YEAR ENDED 31 DECEMBER 2021 The Group reported solid sales growth for the half-year and strong profitability despite challenging operating conditions. The key business metrics for the half-year were as follows: Reported net sales for the half-year of $142.9 million were 15% higher than the prior comparative period (pcp). Earnings before interest and tax (EBIT) were $18.2 million, representing 12.7% of net sales. This was lower than the 16.8%…

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