Including costs for closing down operations in Denmark and Norway operating loss amounted to SEK 99.8 M
The first quarter (January 2010 – March 2010) • Net sales amounted to SEK 269.9 M (290.1), down 7% compared with the year-earlier period. • Sales in the Group’s comparable stores were unchanged 0% (neg: 27). In local currencies sales trend were positive in all markets. • Gross profit amounted to SEK 124.8 M (147.3), corresponding to a gross margin of 46.2% (50.8). • Loss after tax amounted to SEK 80.1 M (loss: 32.6). A loss per share before dilution of SEK 1.95 (loss: 1.1). • Operating cash flow after investments was negative SEK 32.1 M (neg: 19.9). • Nine stores where closed during the
