2024-04-04 17:02:21 ET
The company's financial performance saw a decline in revenue growth over the past three years, with reported EBIT decreasing by 28%. This was mainly attributed to lower gross margins due to unfavorable exchange rates and higher costs, along with a decrease in demand creation expenses offset by higher advertising expenses. Management is focused on centralizing and simplifying business processes to drive growth and profitability, while also managing risks related to global market factors. Despite ... Full story available on KlickAnalytics.com