Pentland Defies The Crisis, Seeks New Markets For Ellesse

2010-07-13T00:00:00

The recent financial crisis and the devaluation of the pound sterling did not prevent Pentland Group from posting a 16 percent increase in operating profit to £79.4 million (€95.4m-$120.3m) in 2009 on 9 percent higher turnover of £1,134 million (€1,363m-$2,065m). Net assets increased by 5 percent to £399 million (€479.6m-$604.5m).

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