All Rapala VMC articles
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ArticleRapala bounced back in H2
The Finnish manufacturer of fishing lures had a difficult start in 2020, ending the first six months with a net loss of €3.8 million due to the impact of lockdowns. But in the second half, business conditions picked up for Rapala VMC, as fishing gained popularity as an activity that ...
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ArticleRapala rolls out 13 Fishing to over 25 countries
Rapala VMS Corporation , the Finnish producer of fishing lures, equipment and tools, has started the international roll-out of an American brand for recreational fishing, 13 Fishing . In July, Rapala acquired 49 percent of the share capital of DQC International Corp ., the Florida-based company ...
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ArticleRapala faces loss due to Covid-19
The Finnish manufacturer of fishing lures had a difficult start in 2020. Its adjusted operating margin for the first half of the year was off by 4.9 percentage points to 3.6 percent, and Rapala VMC ended up with a net loss of €3.8 million, compared with net income of €7.4 ...
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News briefs
Rapala approves share buyback
The annual meeting of Rapala VMC approved on March 26 a proposal that no dividend will be distributed for 2019. It also authorized the board to repurchase up to two million own shares, corresponding to less than 10 percent of its equity until June 30, 2021.
