Flat sales and lower earnings at Head

2012-02-28T00:00:00

Head posted net profit of only €338,000 for 2011, down from €7,324,000 in the previous year, and the operating margin fell to 4.1 percent from 7.5 percent. The group's total revenues declined by 1.3 percent to €339.1 million in the course of 2011, but they were broadly flat in constant ...

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