Grendene improves margins on 19.7% higher sales
In the third quarter ended Sept. 30, Grendene reported growth of 19.7 percent in net revenues to 496.5 million reais (€190.4m-$242.2m), with increases in all margins, favored by exchange rates. The price of exported products went up in terms of Brazilian reais, thanks to the depreciation of the currency. The ...
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