Tuesday July 7, 2020

Breast implants firm hit by six-fold hike in losses

Dublin-based GC Aesthetics sees losses rise to $45m after refinancing

Ian Guider

Markets Editor

24th November, 2019
GC Aesthetics makes breast implants that are sold in dozens of countries

Global Consolidated Aesthetics, the surgical implants company backed by entrepreneur Bill McCabe, had a six-fold increase in losses last year.

Losses at GC Aesthetics, which makes breast implants sold in dozens of countries, hit $45 million (€40 million) from $6.6 million in the previous year. The widening losses were the result of a doubling of its interest costs following refinancing of its borrowings, according to accounts just filed by the company.

GC Aesthetics, which is based in...

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