Financial

Vulcabras ends 2020 on a high note

2021-03-11T11:59:00

Vulcabras posted double-digit growth in the last three months of 2020, despite the impact of the pandemic on the shoe market in Brazil. Revenues rose by 22.8 percent from the year-ago quarter to 459.1 million Brazilian reais (€66.7m-$79.4m) and net income jumped by 21.1 percent to R$54.6 million (€7.9m-$9.4m).

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