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

@ianguider
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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