Vulcabras continues gains from footwear portfolio

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Vulcabras’ recurring net income rose 36 percent to 99.9 million Brazilian reais (€19.6m) from BRL 73.6 million for the period ended Sept. 30. Ebitda declined 4.8 percent to R$132.2 million (€25.9m) from R$138.9 million, as the gross margin improved to 37.7 percent from 36.1 percent. Net revenues were 24 percent ...

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