IPO Costs Dampen Profits at Brunello Cucinelli

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MILAN — Costs related to its initial public offering dented Brunello Cucinelli SpA’s net profits, causing them to drop to 7.6 million euros, or $9.8 million, in the first...

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IPO Costs Dampen Profits at Brunello Cucinelli

Excluding costs, profits gained 35 percent in the period ended June 30.

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