Arcandor Holds Its Own In 1st Quarter

2009-02-17T00:00:00

In the first quarter of the 2008-09 fiscal year, the German group Arcandor maintained its earnings while improving adjusted EBITDA by 18 percent to €180 million. Adjusted sales creeped up by 1.1 percent to €4.79 billion. It got a boost from its major brands, which outperformed the German retail market ...

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