Gross margin and Ebitda margin contracted by around 200 basis points year-on-year each to 57.2% and to 20.3%, respectively, amid cost pressures, despite cost-control initiatives. Page undertook a 2.2% weighted-average price hike in May to partially offset input cost inflation, particularly in cotton and petroleum-based synthetic products. This followed a 2.5% rise in January, which management said was mainly product/quality-driven.
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