Financial

Rapala faces loss due to Covid-19

2020-07-20T15:58:00

Rapala-3

The Finnish manufacturer of fishing lures had a difficult start in 2020. Its adjusted operating margin for the first half of the year was off by 4.9 percentage points to 3.6 percent, and Rapala VMC ended up with a net loss of €3.8 million, compared with net income of €7.4 ...

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