Year-end report 1 September 2016 - 31 August 2017
Significant earinings improvement for the full year Operating income was SEK 4 M (6) in the fourth quarter. Sales for comparable stores in Sweden were stable and clearly above the negative market trend during the quarter. Year-on-year profit in the quarter was affected by a slightly lower gross margin, increased investments in marketing and delayed deliveries in Polarn O. Pyret. Full year operating income increased to SEK 63 M (36).FOURTH QUARTER, 1 JUNE 2017 – 31 AUGUST 2017, IN SUMMARY · Sales for comparable stores in Sweden decreased by 0.2 percent during the quarter, above the