Thomas Middelhoff, chief executive of Arcandor (former Karstadt-Quelle), predicts that...

2008-05-05T00:00:00

Thomas Middelhoff, chief executive of Arcandor (former Karstadt-Quelle), predicts that the German retail group will achieve a gross operating profit (EBITDA) of more than €800 million in the financial year ending next Sept. 30, compared with an adjusted profit of €527 million in the previous nine-month fiscal year. He sees ...

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