European Lingerie Group AB publishes First Quarter Report for 2019
European Lingerie Group AB (ELG or the “Group”) publishes unaudited First Quarter Report for 2019 (January 1 – March 31, 2019), including pro forma and condensed interim financial statements.”In 2019, the Group’s new product lines, including our new brand Senselle by Felina and also Felina swimwear, have started bringing good volumes. The sales results of the first quarter of 2019 were satisfactory and for the second quarter in a row the Group demonstrated the sales growth. The contribution of these new products to total sales will continue with increasing pace throughout the whole year,”