Le Coq Sportif Sales, Profits Gain in 2018
The French sports and lifestyle brand sales increased between 3% and 5% to €121 to €123 million in 2018, majority shareholder Airesis reported, and generated EBITDA of €4.5 to €5.5 million, up from €3.8 million in 2017. The results might have been even stronger, but the company faced an estimated €3 to €4 million headwind from a late arrival of winter in Europe and the “yellow vests” protests. Gross margin expanded to between 48% and ... Log in to view full article.