Solid year for Alpargatas in 2016
20/03/2017
Despite only a minor improvement in revenue, the companies profit shot up 30.8% to $107.8 million.
In Brazil, its domestic market, sales increased 12% to €785 million, but in Argentina, where the company was founded, revenue was down 24% to €230 million. Alpargatas’ international sales (those outside of Argentina and Brazil) came in at €191.8 million, 3.3% lower than in 2015.
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