It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.
It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.
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In 1942, Ilfo “The Watchmaker” Fontana was commissioned by his country to produce a timepiece that would become the pride of the Italian naval officers. Those distinctive watches had to meet the navy’s standards and specifications. The firm rose to the call but for unknown reasons, the deal was aborted before the production started.
These designs and prototypes lay dormant for decades until Italo Fontana, Ilfo’s nephew, rediscovered them in 1999. The old drawings seemed still relevant even after all those years and they became the foundation of today’s U-BOAT collections.
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