The speed of change in fashion footwear is accelerating, with a fast expanding e-commerce industry forcing significant change in the re- tail sector.
ECCO is adapting to the new situation and has again been able to deliver a very satisfactory result.
Profit before tax for the year 2017 was EUR 184m, on a turnover of EUR 1,276m, compared to a profit before tax of EUR 170m in 2016. At com- parable exchange rates, this is equal to a 10% increase.
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