Business Services Industry
KappAhl AB posts 12-month operating profit of SEK651m
Nordic Business Report, Sept 29, 2008
NORDIC BUSINESS REPORT-29 September 2008-KappAhl AB posts 12-month operating profit of SEK651m(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish fashion chain KappAhl AB (OMX Stockholm:KAHL) published on Monday (29 September) its report for the financial year 2007/2008, posting an operating profit of SEK651m, as compared to SEK618m in 2006/2007.
Net sales for the financial year amounted to SEK4,622m, up by 3.3% from SEK4,473m in the previous financial year.
Earnings per share amounted to SEK5.82, down from SEK8.78.
KappAhl, headquartered in Molndal, Sweden, is a leading fashion chain with 4,000 employees and nearly 300 stores in Sweden, Norway, Finland and Poland.
One British pound (GBP) is worth approximately 12.20 Swedish kronor (SEK).
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