Big Drops At Marcolin

Marcolin suffered a 7.2 percent drop in revenues to €100 million in the first half of 2009, down by 9.5 percent at constant exchange rates. Earnings before interest, taxes, depreciation and amortization (Ebitda) were €11 million, a 32.1 percent drop from the same period last year. The Ebitda margin thus ...

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