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Relaxo Footwear Q2FY16 Performance Review by Rajasekhar Reddy Anekallu is a document available to read on EtoBox.
What is Relaxo Footwear Q2FY16 Performance Review about?
Relaxo Footwear reported a 15.7% year-over-year revenue growth in Q2FY2016 driven by volume and premiumization improvements. Operating margins increased 170 basis points due to lower raw material prices. Adjusted net earnings grew 39.2% year-over-year excluding one-time gains. The analyst maintains a "Buy" rating due to Relaxo
- Author
- Rajasekhar Reddy Anekallu
- Language
- EN