Q2-24: High customer satisfaction, good cost control and progress on strategic initiatives in a challenging market
Sandefjord, 18 July 2024: The results for the second quarter were impacted by product related innovation cycles in core categories, weak markets, and strong competition, especially in Sweden. In this environment, Komplett Group succeeded in reducing its cost base, while improving liquidity and maintaining a controlled financial position.Total operating revenue decreased by 5.9 per cent in the second quarter of 2024, from NOK 3 634 million to NOK 3 418 million. The decline was driven by weak demand in some of the group’s core categories, gaming and IT. The year-over-year impact was partly