Geox Reports Lower Margins, But Sales Continue To Grow Briskly
The company’s revenues grew by 34 percent to €305.5 million in the 1st half of 2006. The gross profit margin decreased from 58.7 to 55.1 percent, however, as compared to the same period of 2005. Operating profit increased by only 24 percent before amortization and depreciation (EBITDA) and by 27 ...
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