Brazil boosts Alpargatas' profits
Strong sales of sandals in Brazil helped Alpargatas grow profits by 106.4 percent to 102.6 million reals (€30.9m-$33.1m) for the fourth quarter of 2016. It achieved this high level of profitability in spite of a 4.1 percent drop in global revenues to R$1,065.9 million (€320.6m-$343.5m) during the quarter, weighed down ...
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