Year-end report January - December 2019
As expected, the early arrival of autumn had a negative effect on sales in the fourth quarter, but a strong gross margin and solid cost control led to an operating profit (EBITA) in line with the same quarter last year. 2019 was a year in the right direction, with good profit growth and strengthening of our customer offer.Fourth quarter 2019: •Net sales decreased by 4.9 percent to SEK 949.9 M (998.6) •Gross margin increased to 33.3 percent (31.3) •EBITA excl. non recurring items amounted to SEK -5.7 M (-6.4)2 and corresponding EBITA margin was -0.6 percent (-0.6) •The Board