CSP International breaks nearly even in the 1st semester

CSP Internationl nearly broke even in the first semester, cutting its losses from € 0.9 to € 0.1 million. In the first six months of 2014, the Italian fashion group active in the hosiery and underwear sector, owner of the San Pellegrino, Oroblù, Lepel, Bourget, Liberti, Well and Cagi brands, recorded a 1.8% decline in revenues, down to € 53.6 million. 

Gross operating income doubled to € 2.2 million, and so did its net financial position, which grew from € 5.1 to 11 million.

The group called for "caution and prudence" with regards to the whole fiscal year's forecasts.