Despite a challenging global and domestic economic scenario, Brazilian textile company Pettenati SA Industria Textil posted strong sales revenue in the first quarter of the current fiscal 2013-14.
Despite a challenging global and domestic economic scenario, Brazilian textile company Pettenati SA Industria Textil posted strong sales revenue in #
The company, which is primarily engaged in the manufacture of clothing and fabrics, witnessed a growth of 16.4 per cent in its consolidated net sales at R$ 84.6 million in the three months ended September 30, 2013 from R$ 72.7 million in the same period a year ago.
Despite a challenging global and domestic economic scenario, Brazilian textile company Pettenati SA Industria Textil posted strong sales revenue in #
Revenue from its home market, Brazil, grew by 13 per cent to R$ 52.7 million in the first quarter of the financial year ending June 30, 2014 from R$ 46.6 million in the same period a year ago despite economic headwinds which curtailed consumer spending in one of the major emerging markets in the world.
Despite a challenging global and domestic economic scenario, Brazilian textile company Pettenati SA Industria Textil posted strong sales revenue in #
The company benefitted largely from good response to its new collections which boosted sales in the domestic market in Q1 FY 2013-14. However, competition from imports continues to weigh on better penetration of the domestic market.
Despite a challenging global and domestic economic scenario, Brazilian textile company Pettenati SA Industria Textil posted strong sales revenue in #
Revenue from export markets witnessed a growth of 21.8 per cent to R$ 31.8 million in the quarter ended September 30, 2013 from R$ 26.1 million in the same period a year ago despite political and economic troubles in major markets such as Argentina.
Despite a challenging global and domestic economic scenario, Brazilian textile company Pettenati SA Industria Textil posted strong sales revenue in #
Improving sales numbers also helped boost operating profitability as Pettenati SA Industria Textil reported a consolidated EBITDA growth of 29.6 per cent to R$ 4.4 million in Q1 FY 2013-14 from the same period a year ago.
Despite a challenging global and domestic economic scenario, Brazilian textile company Pettenati SA Industria Textil posted strong sales revenue in #
The Company’s product lines include Softs, Plushs, Half Meshes, Viscose and Sport Lines, among others.
Despite a challenging global and domestic economic scenario, Brazilian textile company Pettenati SA Industria Textil posted strong sales revenue in #
Fibre2fashion News Desk - India