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Fashionette H1 earning improve, raises outlook

Fashionette AG achieved operating earnings (adjusted EBITDA) increase to 1.5 million euros in the first six months of 2023. The company said in a release that operating cash flow improved from negative 7.1 million euros to negative 3.8 million euros. In light of the effects of the cost-cutting and efficiency program, Fashionette raised its...

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