Sales and profits increase at Oasis and Warehouse Group

For the 53-week period to March 2, 2019, the Oasis and Warehouse Group delivered 0.9 million pounds (1.1 million dollars) or 35 percent increase in operating profit on the previous year. The company’s total sales were up 6.5 percent to 293.2 million pounds (364.5 million dollars) and EBITDA was up 20 percent to 11.5 million pounds (14.3 million dollars) on the same period last year. The company said, excluding the 53rd Week, the group delivered a 17 percent increase in EBITDA on a 52-week like-for-like basis.