Strong first-half performance for Alpargatas
22/08/2018
The company performed well in Brazil, its domestic market, where sales increased 8.5% to 483.5 million reais ($119.1 million).
The news was less positive from Argentina, where Alpargatas was founded. Revenue from this market fell 10% to 159.7 million reais ($39.3 million).
International sales (those outside of Brazil and Argentina) were 247.4 million reais ($61.1 million).
For the first six months of the year, Alpargatas’ revenue was 1.79 billion reais ($440 million), up 7.5% year on year.
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