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DOGI: positive EBITDA declared for 2015

A MAJOR supplier of fabrics for the innerwear sector, Dogi raised its sales by 11 per cent, to EUR 41m, in 2015 and declared a positive EBITDA of EUR 0.3m. Despite the higher sales, attributed mainly to the performance of the EFA subsidiary in the US, non-recurring expenditure and restructuring costs caused a net loss of EUR 10.3m against a profit of EUR 10m in 2014. The company said that 2015 was considered a year of transition that did not reflect the remedial measures that had begun to be implemented.

Dogi Swim 2017

Dogi Swim 2017

The higher sales suggest that the company is beginning to overcome the loss of customer confidence that followed the problems encountered during recent years.


See also:

DOGI: first half sales rose strongly

DOGI: capital increase oversubscribed

DOGI: share capital to be raised to speed growth


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