Ecco has reported an increase of 21.2 percent in its...

Ecco has reported an increase of 21.2 percent in its revenues for the past year to 6,111.1 million Danish crowns (€819.5m-$1,164.3m). The operating margin before amortization (Ebitda) grew to 16.3 percent from 15.2 percent in 2009, and the margin before interest and tax (Ebit) went up to 10.7 percent from 9.8 percent. Pre-tax profit grew by 37 percent to 631 million DKK (€84.6m-$120.2m), representing 10.3 percent of net turnover. The debt/equity ratio improved to 55.6 percent from 58.1 percent. (more in the last issue of our sister publication, Shoe Intelligence).