Q2-23: Improved profitability for Komplett Group in a challenging market
Sandefjord, 20 July 2023: The second quarter of 2023 was characterised by continued weak demand, with reduced consumer sentiment across all key markets. Komplett Group actively mitigates these externally driven challenges through careful investments in brand building and product availability, and demonstrated good margin control in the quarter. The group’s B2C operations in Norway made good progress, with revenue growth of 19 per cent. This is partly due to the newly launched marketing campaign for the Komplett brand in Norway, which has increased the awareness of the group’s seamless