The Conzzeta Group's outdoor division, which mainly consists of the Mammut Sports Group, achieved a 10.9 percent sales increase in 2018 to 253.4 million Swiss francs (€223.2m-$254.1m). Currency exchange rates played a role. The whole group booked a 20.2 percent increase to CHF 1,782.2 million (€1.570bn-$1.787bn), but the increase on a constant-currency basis was limited to 10.4 percent. In a preliminary report, Conzzeta said the group's operating margin ended up at the lower end of a target mid-term range of 8 to 10 percent. The final results will be published on March 20.
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