KappAhl Report First Quarter 2015/2016: A strong quarter

"The first quarter was a strong quarter for KappAhl. We deliver a sound gross margin, still have good cost control and are continuing with our priority investments. What contributes to our sound margins is a combination of a successful new offer strategy and a price strategy that compensates for higher purchase prices. In all, KappAhl delivers an operating margin that approaches the long-term target of ten per cent."

  • Gross margin and operating profit exceed the previous year.

  • Continued strengthened balance sheet. 

  • For the first time all three of the Group's concepts have opened in the same market place; Mall of Scandinavia.

  • Shop Online has been launched in Poland.

  • Danny Feltmann is the new President and Chief Executive Officer from 1 December.

Read the full report in the attached PDF file.                      

For further information
Danny Feltmann, President & CEO. Tel +46 31 771 5661

Anders Düring, Chief Financial Officer. Tel. +46 708 887 733

Charlotte Högberg, Head Corporate Communications. Tel. +46 704 715 631 E-mail charlotte.hogberg@kappahl.com

 

Download file: KappAhl Q1 Report 2015-2016.pdf

Contact us

Charlotte Högberg, Head Corporate Communications
Phone: +46 (0)31 771 56 31
charlotte.hogberg@kappahl.com

More Investor Relations contacts

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