KappAhl first quarter 2015/2016: A strong quarter
“The first quarter was a strong quarter for KappAhl. We deliver a sound gross margin, still have good cost control and are continuing with our priority investments. What contributes to our sound margins is a combination of a successful new offer strategy and a price strategy that compensates for higher purchase prices. In all, KappAhl delivers an operating margin that approaches the long-term target of ten per cent.”· Gross margin and operating profit exceed the previous year. · Continued strengthened balance sheet. · For the first time all three of the Group’s concepts have opened in