Interim Report 1 September 2016 – 30 November 2016
Earnings increase by more than 50 percent Operating income during the first quarter amounted to SEK 46 million, an improvement of SEK 16 M in total, compared to the first quarter of the previous year. The performance was strong with a strengthened positive momentum. Sales developed better than the market, despite the fact that the weather was challenging early in the quarter. The reorientation work relating to Polarn O. Pyret is now delivering positive results and Brothers is continuing to increase its sales and earnings. The challenges in Departments & Stores are expected to dampen from