Profits Drop For Peakperformance's Parent, Prompting Action In Spain And China

First-half results are in for IC Companys, and while it managed to eke out a 1 percent increase in sales to 2,041 million Danish kroner (€273.9m-$373.2m), the operating profit dropped by a third to DKK 202 million (€27.1m-$36.9m). The unfavorable market was blamed for the decline, and comparable store sales ...

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