The Fedon Group Doubles Its Net Margin To 10.7%, And Capitalizes On Sports Clubs

Fedon's net profit for the first half of 2001 amounted to 10.7 percent of revenues, twice the level of the year-ago period. The world's leading producer of eyewear cases had already announced a 24.6 percent increase in revenues to 34.5 million euros (see EyeWear Intelligence of Sept. 3). Operating profit ...

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