“KappAhl’s activities in the full year 2018/19 have been marked by intensive work to meet hard competition and declining footfall. They were also characterised by development to adapt to the industry’s transformation, in both the short and long-term.”
Read the full CEO statement in the report.
· Sales in the quarter increased by 6.7 per cent to SEK 1 322 (1 239) million. For the full year, September-August, sales increased by 3.0 per cent to SEK 4 901 (4 760) million.
· Gross margin for the quarter was 56.8 (59.2) per cent. For the full year, September-August, it was 59.5 (61,8)