Brantano Has Lower Results
Brantano Group had net income of €1.6 million in the 1st half of 2005, down 22.6 percent from the year-ago period. Operating profit declined by 16.3 percent before amortization and depreciation (Ebitda), representing 9.2 percent of sales, and by 13.9 percent after these items, to 6.1 percent of sales.
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