Interim Report 1 September 2018 - 31 May 2019
Group restructuring continues Net sales increased and e-commerce growth continued in the quarter. Weak comparable sales still outperformed the market. Discount-driven sales continued to pressure gross margins and profit. The Group restructuring is now fully underway and ownership changes are being considered in the fall. Operating income before restructuring expenses was SEK -10 M (6) in the quarter.THIRD QUARTER, MARCH 1, 2019 – MAY 31, 2019 IN SUMMARY · Net sales increased to SEK 511 M (510). · Comparable sales for the Group on all national markets decreased by -1.1 percent.