Preview - Please log in to view full article.

Article Date: February 2022
Word Count: 171

Rapala Decelerates in Second Half


Net income surged 482% to €19.8 million ($22.6 mm) in 2021 from €3.4 million while the top line tallied €294.3 million ($335.5 mm) for the full year, up 13% over €261.3 million. But H1 did the heavy lifting on both ends of the P&L, while the second half saw net income drop 76% to €1.7 million from €7.2 million on sales that were down 7% to €134.6 million from €144.2 million as pandemic impacts continued to throw off seasonality. All markets posted growth for the ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.