KappAhl Year End Report 2017/2018: A challenging year
“…Effects of fewer visits to stores and tough competition contributed to a decrease in sales of 3.2 per cent (for the full year). At the same time, good cost control and intensive development work …have meant that we are in a stronger starting position than a year ago…” Read the full CEO statement in the report.· Sales decreased by 0.7 per cent in the quarter. In the period September 2017 -August 2018 they decreased by 3.2 per cent. · The gross margin was 59.2 (60.7) per cent for the quarter. Accumulated for the fiscal year it was 61.8 (62.2) per cent. · The