GROUPE ROSSIGNOL PREDICTS 5% GAIN THIS FY.
The company is confident of a double-digit increase atthe Cleveland Golf subsidiary, and expects an increase in the winter sportsbusiness in Europe; however, there are evidently some backlog declineselsewhere in the winter sports sector. Rossignol says it expects profits to beroughly the same as the €7.2 million ($8.7 mm) for FY03 ended Mar. 31. The 5%sales gain is on top of €478.6 million ($576.7 mm) in sales. The company hasinstituted programs to reduce margins and increase productivity, ... Log in to view full article.