European Lingerie Group AB publishes unaudited 12 Months and Fourth Quarter 2020 Report
European Lingerie Group AB publishes unaudited 12 Months and Fourth Quarter 2020 Report (January 1 – December 31, 2020), including condensed interim consolidated financial statements.ELG is pleased to publish its 12 months and fourth quarter 2020 report. “Despite a very challenging year behind us when our business was hit by COVID-19 impact we are pleased to announce that the overall business decreased by 17.8% showing a relatively good resistance towards negative external factors. The business diversification into various markets, our various segments as well as distribution channels