European Lingerie Group AB publishes 6 Months and Second Quarter Report for 2019
European Lingerie Group AB (ELG or the “Group”) publishes unaudited 6 Months and Second Quarter Report for 2019 (January 1 – June 30, 2019), including pro forma and condensed interim financial statements.”Even though the trend of closure of small specialized retail shops in the Southern and Central Europe still continues and the macroeconomy is slowing down in most European markets, which limits the recovery speed to some extent, the sales results of the second quarter of 2019 for European Lingerie Group were at the level of the previous year,” commented CEO of ELG, Mr. Peter Partma. ”