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Article Date: February 2020
Word Count: 170

Rapala Sees North America Drive Sales Gains


The Finnish fishing equipment maker’s bottom line loss expanded 8% to €3.4 million for the second half of 2019 from a loss of €3.2 million, on revenue that improved 12% to €134.2 million from €199.9 million. For full year 2019, net income was down 38% to €4.1 million from €6.5 million, while revenue posted a 5% gain to €275.4 million from €262.4 million. North American sales were up 21% (+17% CC) to €55.6 million in H2 from €45.8 million, while full year sales were up ... Log in to view full article.

 


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