×
199
Fashion Jobs
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Davanagere
ASSORT STAFFING SERVICES
Area Sales Manager | Chennai | Only 7+ Yrs in Apparels Apply
Permanent · Chennai
H&M
Head of HR - Tech Location India
Permanent · BENGALURU
H&M
HR Business Partner
Permanent · NEW DELHI
SK APPARELS
Factory Manager - (Vamatex & Smit Terry Looms Factory)
Permanent · Karur
ADIDAS
Senior Specialist - Finance Operations fp&a
Permanent · CHENNAI
ADIDAS
Manager - Gbs Global Strategy Activation
Permanent · CHENNAI
ADIDAS
Senior Manager HR Data
Permanent · CHENNAI
ADIDAS
Profit Protection Specialist
Permanent · GURUGRAM
ADIDAS
Senior Manager - Company Secretary -Aimpl
Permanent · GURUGRAM
L'OREAL GROUP
Product Manager- Kiehl's, Luxury
Permanent · Mumbai
L'OREAL GROUP
Senior Key Account Manager - Ecommerce, Ppd
Permanent · Mumbai
METROPOLIS HEALTHCARE
Territory Sales Manager
Permanent · Guwahati
2COMS
Area Sales Manager Institutional Sales
Permanent · Chennai
POLYCAB
Area Sales Manager - Lhdc - Ludhiana
Permanent · Ludhiana
KOTAK MAHINDRA BANK
Urgently Hiring For Area Sales Manager- Agri
Permanent · Coimbatore
SUPERDRY
Ethical And Sustainability Manager
Permanent ·
ION EXCHANGE
Area Sales Manager or Assistant Area Sales Manager
Permanent · Vapi
L'OREAL GROUP
Officer / Executive - Sales Planning, l’Oreal Dermatological Beauty Division
Permanent · Mumbai
L'OREAL GROUP
Senior Manager - Sales (Delhi / Ncr)
Permanent · Gurugram
THIMBLERR COMMERCE AND TECHNOLOGY
Quality Control Manager - Activewear
Permanent · Ludhiana
ADIDAS
Senior Manager Information Security
Permanent · GURUGRAM
By
Reuters
Published
Mar 21, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

French fashion firm SMCP says profit margins to grow further in 2018

By
Reuters
Published
Mar 21, 2018

French fashion group SMCP , owner of brands Sandro, Maje and Claudie Pierlot, on Wednesday reported a 18.6 percent rise in adjusted core profit for 2017 and forecast margins would further increase in 2018 to around 17 percent.


Sandro storeDR - DR


SMCP, which listed its shares on the stock market last year and is backed by China’s Shandong Ruyi, said earnings before interest, tax, debt and amortization (EBITDA) reached 153.7 million euros ($188.59 million), up from 129.6 million euros a year earlier.

Its adjusted EBITDA margin reached 16.8 percent in 2017, up three percentage points from a year earlier, as demand from Asian clients grew and it expanded online sales. It aims to grow margins to 17.5 percent by 2020.

“For 2018, SMCP is anticipating another year of profitable growth, targeting a sales growth between 11 percent and 13 percent at constant currency,” the company said in a statement. ($1 = 0.8150 euros) 

 

© Thomson Reuters 2023 All rights reserved.