Brief: Samsonite International Posts HY Loss Attributable Of $142.5 Million

Samsonite SA

18/08/2021 13:38

Aug 18 (Reuters) - Samsonite International SA  1910.HK :
    * HY NET SALES $799.5 MILLION VERSUS $802.3 MILLION
    * HY LOSS ATTRIBUTABLE $142.5 MILLION VERSUS LOSS OF $974
MILLION
    * U.S. AND CHINA ARE SEEING STRONG INCREASES IN DOMESTIC
TRAVEL,
EUROPE HAS BEGUN TO SHOW STRONG SIGNS OF RECOVERY
    * GROSS MARGIN REMAINS UNDER PRESSURE
    * GROSS MARGIN REMAINS UNDER PRESSURE AS GLOBAL FREIGHT AND
RAW
MATERIAL COSTS RISE
    * NET SALES FOR JULY UP BY 93.9% VERSUS JULY 2020, AND LOWER
BY
40.9% VERSUS JULY 2019

Source text for Eikon:  ID:nHKS8mwp7g 
Further company coverage:  1910.HK 

 (Reuters.Briefs@thomsonreuters.com)