Sunglass Hut, Now A Property Of Luxottica, Improved Its Results Last Year

5 April 2001

Luxottica's takeover of Sunglass Hut values the US company at only 6 times its operating profit before interest and tax (Ebitda) and 76 percent of annual sales, based on the latter's results for the fiscal year ended last Feb. 3, which were reported last March 22.

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