Indo Improves Margins, But Sales Decline
Consolidated sales declined by 9 percent to 10,962 million pesetas (e65.9m-$59.9m) in the 1st half of this year for the leading Spanish eyewear group, but they would have declined only by 3 percent excluding the revenues of Laem, a hearings aid operation sold in September of last year.
Already an Eyewear Intelligence subscriber? Sign in here.
Subscribe today
Buying a membership today will give you:
- Unlimited access to ewintelligence.com - all insight and analysis available online
- Our executive edition of Eyewear Intelligence (Digital Edition) - the must-read for all decision-makers in the industry
- Weekly E-mail Briefing from the Chief Editor with the lastest analysis and most important industry developments
- Case studies and best practices on business challenges
- Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry
- Access to over 11,500 articles and analyses in the archive
- Personal library to save articles and track your key content
- Powerful search and intuitive navigation
- Organisation-wide access across offices, people and devices
To continue reading this article register now.