Alpargatas beats higher rubber prices

2011-12-21T00:00:00

The parent company of Havaianas, Dupé, Topper, Rainha and other brands improved its net income by 7.6 percent to 87.5 million reais (€34.9m-$46.3m) in the third quarter ended Sept. 30 in spite of a 28 percent increase in the cost of rubber. In releasing Alpargatas' results for the period, the ...

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