USA. – Hasbro reduced its profit by 57 percent to 184 million in 2020

Madrid, 8 (Europa Press)

American toy company Hasbro reported a net net profit of $ 222.5 million (184.5 million euros) in 2020, representing a 57.3 percent drop compared to the result recorded in 2019.

Hasbro’s net income for the year, however, rose 15.6 percent to $ 5,465.4 million (€ 4,531 million).

In fiscal year 2020, Hasbro assumed an adverse impact of $ 112.4 million (93 million euros) in the result of eOne’s operations behind the Peppa Pig for costs and other 97.19 million related to the purchase and integration of the British film and television group . Dollars (81 million euros) in amortization of intangibles.

Between October and December, the Tymaker reported a net net profit of $ 105.17 million (87 million euros), down 60.1 percent from the profits recorded in 2019, despite the fact that its sales grew 20, 6 percent in the quarter. , 1,722 million dollars (1,428 million euros).