Mixed quarterly results for Alpargatas

2018-12-04T00:00:00

Alpargatas' consolidated net earnings jumped by 71.3 percent to 119.8 million reais (€27.6m-$31.3m) in the third quarter ended on Sept. 30, but this was partly due to non-recurring items. Excluding them, the Brazilian group's Ebitda margin fell by 1.3 percentage points to 12.3 percent on 2.2 percent lower revenues of R$ ...

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