KappAhl Q1 2018/2019: A quarter with intensive campaigns and expansion
“After the close of the first quarter of the financial year we see that KappAhl performed better than the industry in all sales markets. Sales increased by 2.4 per cent compared with the previous year, but the slowing consumption meant a continued high tempo of costly sales activities.” Read the full CEO statement in the enclosed report.· Sales increased by 2.4 per cent in the quarter. · The gross margin was 63.3 (64.6) per cent. · Operating profit for the quarter decreased to SEK 52 (90) million. · During the quarter, Elisabeth Peregi has been appointed new President and CEO at