Fenix Outdoor Improves Sharply

The Swedish outdoor group, which owns important brands such as Fjallräven and Hanwag, reports a whopping 40 percent increase in net profit to 81.9 million Swedish kronor (€8.79m-$13.03m) in 2007 on 14 percent higher net sales of 845 million SEK (€90.7m-$134.4m). The group’s operating profit (EBIT) grew by 40 percent ...

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