SWITZERLAND: Charles Voegele H1 Profit Up 32%, Sales Down
Swiss fashion group Charles Voegele Holding AG on Tuesday announced a better-than-expected 32 per cent jump in first half net profit from last year but warned of a weak second half. The firm, which operates around 800 stores, posted a net profit for the six month period of 17.3 million Swiss francs ($12.2m) compared to 13.1 million francs ($9.2m) last year.
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