Brantano Reports Lower Sales And Mixed Profit Figures

The Belgian group’s gross margin expanded by 90 basis points to 51.2 percent of turnover in 2006, though net sales slid by 2.9 percent to €295.2 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) jumped by 63.5 percent to €46.1 million. However, taking out non-recurring operating revenues and costs, ...

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