Douglas Holding Posts Loss

Douglas Holding AG

posted an after-tax loss in the first half of the fiscal year. Douglas posted an after-tax loss of EUR63 million, versus a year-ago profit of EUR79 million. Its revenue rose to EUR1.92 billion, from EUR1.87 billion. Earnings before interest, tax, depreciation and amortization (EBITDA) declined to EUR144 million, from the EUR207 million, in the year-ago period.