French fashion SMCP confirms 2019 guidance after sales growth
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PARIS (Reuters) - French fashion company SMCP confirmed on Wednesday its 2019 guidance after posting an 8.7% growth in sales last year despite sharp market deterioration in Paris and Hong Kong.The company, whose brands include Sandro and Claudie Pierlot, said in a statement its 2019 adjusted earnings before interest, tax, depreciation and amortisation margin would be between 15.5% and 16%