Samsonite Profits In 2015 Earnings
Some time ago
Samsonite
Samsonite has been occupying headlines, but it has not yet completed its Tumi acquisition. Recently, it has issued a report on its 2015 annual performance, and announced that it will adjust its business.
It is reported that Samsonite's net sales in the 2015 fiscal year, excluding the impact of the exchange rate, recorded an increase of 11.9%.
At that time, the group achieved double-digit growth for sixth consecutive years, with an increase of 3.5% to 2 billion 432 million 500 thousand dollars in net sales.
In the Chinese market, the second largest single market recorded an increase of 11.1% to $252 million 700 thousand. However, the chairman of the group did not feel proud of it.
Blind expansion
Instead, it means that it will continue to maintain double-digit growth in the Chinese market by changing the strategy of sales channels, strengthening the combination of non tourism products and expanding the coverage of the mass market.
On the other hand, Samsonite has been adjusted for the whole year.
Core profit
EBITDA was $401 million 200 thousand, up 4.4% over the same period last year, and net profit rose 6.11% to $197 million 600 thousand a year.
The diluted earnings per share rose from $0.146 in the previous fiscal year to $0.154, so the group will plan to distribute cash dividends of $0.0659 per share.
In addition, the group said it would not buy any brand this year, nor did it plan to expand the luxury market.
Affected by this news, the stock price opened 3.08% higher on the day, up 4.05% during the early trading period, but then fell down to 0.19% at the close.
It is HK $25.85.
- Related reading
For The First Time In The 2015 Fiscal Year Of The 2015 Fiscal Year, The Group Was Turned Into Profit For The First Time In 5 Years.
|
Administrative Expenditure Minus 300 Million Cut Costs To Boost Lining'S Losses
|
- Company news | The First One To Set Up Factories In The United States, How Did This Cotton Leading Enterprise Fare Under The Trade Friction?
- News Republic | The Number Of Gap Brands In China Has Reached 200 Breakthroughs For The First Time.
- neust fashion | Milk Tea Air Jordan 4 "Mushroom" Will Be On Sale Soon!
- Fashion shoes | Nike Air Max 97 Shoes New "Green Glow" Color Matching Release
- Fashion brand | Alfa Industrial X EVISUKURO 2019 Joint Series Is About To Debut, Uniform Street.
- Expert commentary | After The Mid Autumn Festival, The Purchase Price Of New Cotton Rises Everywhere To Boost The New Cotton Market.
- Expert commentary | Dye Prices Rose Again, Polyester Raw Materials Decline In The "Golden Nine Silver Ten" Market Is Not Promising.
- Daily headlines | "I Haven'T Been So Happy For Many Years!" See How Honghe Stirred Up The "Initial Heart" Of The Sweater.
- Daily headlines | Saudi Arabia Gives A Timetable For Resumption Of Production. Demand Is Not Strong, PTA And MEG Are Beginning To Shiver.
- Fashion shoes | New Hundred Lun X Bodega Joint Shoes New "No Bad Days" Color Matching Landing At The End Of The Month
- Want To Do A Good Job In Car Electricity Supplier? Avoid These 5 Major Minefields.
- Lee Man Handbag Profit Slump Is Affected By Economy
- The 13Th Five-Year Plan Outline Deletes The Contents Of "Strategic Emerging Industries Board".
- Ali Has A Big Move, Jingdong Taobao To Rip Up Customs For Auction
- Deferred Registration System Has Won The Hearts And Minds Of The People.
- Track Chafing Dish Together With Jingdong Public Chips 80 Seconds Financing Broke 5 Million
- "Crazy Animal City" Is The Most Popular Role In The Face Of Entertainment.
- The Tenth Asian Film Awards Hsu Chi Gao Yuanyuan Is Glamorous.
- Song Hye Kyo, A Descendant Of The Sun, Teaches You To Hide Your Age Easily.
- Japanese Media: China'S Luxury Goods Purchasing Market Is Shrinking.