OVS SpA reported that its net sales went up 3.6 per cent to €762 million (~$853.44 million) and adjusted EBITDA rose to €89 million (~$99.68 million) in H1 2024.
Despite weather challenges, gross margin improved to 59.6 per cent.
The company’s brands, especially Upim and B.Angel, showed robust growth.
OVS remains optimistic for H2, extending its buyback programme by €10 million ($11.20 million).