Rapala Has H1 Loss, but Fishing Sales Are Recovering
Net loss at the Finnish fishing brand was €3.8 million ($4.2 mm) for the first half, against a profit of €7.4 million last year on 17% lower sales at €117.1 million ($129.0 mm) down from €141.2 million. The Covid-19 pandemic affected sales in all markets, with North America down 17% to €40.4 million, the Nordic region off 28% to €22.3 million, Rest of Europe ... Log in to view full article.