KappAhl Year-End Report 2015/2016: Stable trend continues
"The past year was characterised by financial recovery and improvement. The driving forces were developing KappAhl's customer offer, strengthening the gross margin and continued cost control."
Read the full CEO statement on the next page.
- Sales increased by 8.6 per cent to SEK 1,248 (1,149) million during the quarter and by 3.0 per cent to SEK 4,724 (4,588) million during the year. Sales in comparable stores were 5.6 per cent higher for the quarter and 2.7 per cent higher for the full year.
- The gross margin increased by 0.6 percentage points to 58.0 (57.4) per cent for the quarter and by 1.7 percentage points to 61.8 (60.1) per cent for the year.
- The operating margin for the quarter was 7.9 (4.5) per cent and 7.4 (4.3) per cent for the year.
- The Board of Directors proposes that a dividend of SEK 1,25 per share be distributed.
Download file here:: KappAhl year end report 2016_161013.pdf