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Caribbean Global Market Update

Burberry Suffers from Management Turmoil, Iliad Subscriber Base Crosses 6 M

Author: Sarla Buch
Islandjournal.net
Last Update: 4:35 PM ET May 18 2017


Zooplus AG fell 0.3% to 183.70 after Germany-based online pet food and accessories retailer said sales in the first-quarter ending in March surged 24% from a year ago to 256.9 million.

Net profit in the quarter declined 57.7% from a year ago to 1.1 million from 2.6 million and diluted earnings per share rose to 0.28 from 0.25.

The pet products retailer forecasted fiscal 2017 revenues of at least 1.12 billion and pretax profit in the range of 17 million to 22 million.


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