Alpargatas sees increase in profit despite sales dip
09/05/2017
In Brazil, the company’s domestic market, revenue was down 16.8% to €133.1 million, while in Argentina, where it was founded, sales fell 22.1% to €44 million. International sales were down 20.5%.
Despite this dip in sales, Alpargatas saw its net profit jump 62% to €51.3 million.
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