Tag: margin

Morgan Stanley’s ‘visceral reaction’ to Mike Ashley on trial over $1bn margin call

By Bloomberg Published Feb 22, 2024 An email detailing a senior Morgan Stanley banker’s “visceral reaction” to doing business with Frasers Group billionaire Mike Ashley is among a trove of internal documents set to be pored over during a London trial into the bank’s “unfair” $995 million margin call. Mike Ashley – Bloomberg The retail tycoon’s Frasers [...]read moreMorgan Stanley’s ‘visceral reaction’ to Mike Ashley on trial over $1bn margin call

EssilorLuxottica margin just below expectations on inflation hit

By Bloomberg Published Feb 14, 2024 EssilorLuxottica SA, the owner of the Ray-Ban and Oakley brands, reported margins just below analyst expectations as the French-Italian eyewear maker fought higher costs and persistent inflation by increasing synergies and posting solid revenue growth.  Adjusted operating margin for 2023 reached 16.5% at current exchange rates, slightly below Bloomberg [...]read moreEssilorLuxottica margin just below expectations on inflation hit

Interparfums reports record annual sales for fiscal 2023, expects margin above 19%

By AFP Translated by Nicola Mira Published Jan 24, 2024 For fiscal 2023, the Interparfums group has reported record sales of €798.5 million, up by 13% on an annual basis. In a press release published on Wednesday, the group, specialised in manufacturing and distributing fragrances under licence, stated that operating margin for the year is [...]read moreInterparfums reports record annual sales for fiscal 2023, expects margin above 19%