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Fourth quarter (June 2016-August 2016) Net sales amounted to SEK 487 million (421), up 15.8 percent. Like-for-like sales declined 0.7 percent (according to the Swedish Retail Institute Index, the markets comparable stores
To read more about fashion dresses visit online shopping clothesgrew 1.6 percent). Gross margin was 49.9 percent (53.3). Operating profit was SEK 31 million (47), corresponding to an operating margin of 6.4 percent (11.2). Profit after tax was SEK 27 million (36), corresponding to SEK 0.76 (1.02) per share after dilution. Cash flow from operating activities was SEK 40 million (22). Full-year (September 2015-August 2016) Net sales amounted to SEK 1,681 million (1,557), an increase of 8.0 percent. Like-for-like sales increased 1.7 percent (according to the Swedish Retail Institute Index, the markets comparable stores grew 1.9 percent). The gross margin was 54.0 percent (55.8).
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