Q1-23: A well-positioned business in a challenging market
Sandefjord, 27 April 2023: During the first quarter of 2023, the industry remained challenged by low consumer sentiment, yet the pricing environment for retail showed signs of improvement. Komplett Group’s revenue amounted to NOK 3 618 million for the first quarter, compared with NOK 2 606 million in the same period of 2022. The revenue increase was driven by the acquisition of NetOnNet, which contributed NOK 1 289 million of the revenue in the period. The group’s gross margin continued to trend positively in the period, reaching 14.1 per cent compared with 11.8 per cent in the first