By  on April 23, 2013

PARIS — Puig registered double-digit gains in both profits and sales last year.
 
The Barcelona-based fragrance and fashion group on Tuesday reported a 12 percent increase in net profits to 173 million euros, or $222.5 million.
 
The firm’s earnings before interest and taxes gained 21 percent to 254 million euros, or $326.6 million.
 
Company sales were 1.49 billion euros, or $1.91 billion, up 11 percent on-year, spurred by growth in international markets that generated 83 percent of the business, versus 64 percent five years ago.
 
Dollar figures are calculated at average exchange for the period to which they refer.


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