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Hudson Group posts Q3 2018 results

Nov 05, 2018 - Marketline Newswire

Hudson has announced their results for the quarter ended September 30, 2018.

Highlights for the Quarter:Turnover of $526.6 million, a year-over-year increase of 6.0%;Organic net sales growth of 6.5%, which includes 90 basis point currency headwind;Like-for-like net sales growth of 3.3% (4.2% constant currency);Gross margin of 63.7%, a year-over-year expansion of 160 basis points;Adjusted EBITDA of $76.2 million, a year-over-year increase of 27.6% (or 9.3% assuming the reduced franchise fee...