Growth Indicates That Economic Pillars Are In Place | Nissan Joseph Of Metro Brands Explains
Автор: ET Now
Загружено: 2023-10-19
Просмотров: 151
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Nissan Joseph, CEO, Metro Brands Ltd, discussed their strong revenue growth in Q2, despite festival season delays. He highlighted the trend of premiumization in urban and tier 2/3 cities, with 48% of sales above 3,000 rupees. Joseph expects EBITDA margins above 30% for FY24 and welcomes competition, believing it will grow the footwear market in India. Staying customer-focused and maintaining financial discipline are key to success in a competitive environment
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