Breast implants firm hit by six-fold hike in losses
Dublin-based GC Aesthetics sees losses rise to $45m after refinancing
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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