November 3, 2016 / 10:51 AM / 3 years ago

BRIEF-Avi chairman says trading environment continues to be constrained

Nov 3 (Reuters) - AVI Ltd :

* “Group revenue for Q1 ended September 2016 was 10.8 pct higher than that for same period in prior year” - chairman

* “General trading environment continues to be constrained with consumers still absorbing higher price points” - chairman

* “Gross profit margins were higher than last year, however these gains were largely offset by continued pressure on footwear sales volumes following price” - chairman Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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