Good results for Helly Hansen
Helly Hansen, the Norwegian outdoor and sailing brand, continues to enjoy the benefits of the strategic overhaul it launched four years ago, with a sales increase of 17 percent to just under 1.6 billion Norwegian crowns (NOK) for 2011. Its comparable Ebitda, excluding the survival unit divested early last year, jumped by about 50 percent to...
Buoyant year sparks sell-off talk at Helly Hansen
Peter Sjølander, chief executive of Helly Hansen, told us that the company was about to end another buoyant year, which might attract takeover bids as early as next year. The Norwegian brand was acquired in 2006 by Altor, a private equity firm. An Altor manager told Norwegian reporters last week that he would be seeking...
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