Kappahl posts 7 percent rise in Q4 net sales

Kappahl Ab has announced that preliminary net sales for June to August 2019 amount to 1,322 million Swedish krona (136.7 million dollars) compared to 1,239 million Swedish krona in the previous year with a preliminary operating profit of 108 million Swedish krona (11 million dollars) compared to 66 million Swedish krona last year. The company said that preliminary net sales and operating profit for the full year amount to 4,902 million Swedish krona (507 million dollars) compared to 4,760 million Swedish krona and 211 million Swedish krona (21.8 million dollars) compared to 282 million Swedish krona, respectively.