Higher sales but lower margins for De Rigo
De Rigo's consolidated sales rose by 2.6 percent in 2016 to €413.6 million, with a 2.4 percent increase in constant currencies. The company's operating earnings before amortization (Ebitda) declined by 6.3 percent to €29.8 million, representing an Ebitda margin of 7.2 percent, due to a sales decline on a comparable ...
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