Fenix Outdoor Brands reported a significant increase in profits in the second quarter as sales grew 26.5 percent.
Sales for the Swedish parent of Royal Robbins, Fjällräven and other outdoor brands reached €128.7 million ($155.1 mm) against €101.7 million a year ago.
EBITDA reached €19.2 million, up from €14.8 million a year ago. Operating profit came to €7.3 million against €3.8 million in the same period a year ago. Net profit for the period reached €2.8 million, up from €300,000 a year ago.
Further details can be found here.
