Samsonite International S.A. Announces Final Results for the Year Ended December 31, 2023 [Yahoo! Finance]
SAMSONITE INTL UNSP/ADR (SMSEY)
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Source: Yahoo! Finance
Gross profit margin and Adjusted EBITDA margin expanded significantly in 2023, driven by increased net sales contribution from higher-margin Asia region and Tumi brand as well as benefits from our more efficient cost structure Continued to deleverage balance sheet, driven by strong profit growth and Free Cash Flow with net leverage ratio at lowest level since 2016 acquisition of Tumi HONG KONG March 13, 2024 /PRNewswire/ -- Samsonite International S.A. ("Samsonite" or "the Company", together with its consolidated subsidiaries, "the Group"; SEHK stock code: 1910), a leader in the global lifestyle bag industry and the world's best-known and largest travel luggage company, today published its final results for the year ended December 31, 2023 In this press release, certain financial results for the year ended December 31, 2023 , are compared to both the year ended December 31, 2022 , and the year ended December 31, 2019 . Comparisons to the year ended December 31, 2019 , are provi
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