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Business

OTB group turnover and profit jump

OTB turnover for the year to December 31, 2021 reached 1,530 million euros, up 16.2 percent from 2020 and in line with 2019. Net sales were 1,456 million euros, an increase of 18 percent from 2020 driven by the luxury business Marni, Maison Margiela, Jil Sander and Viktor&Rolf. The company’s EBITDA was 354 million euros for a 24.3 percent return...

11 Feb 2022