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response lessons from Katrina U.S. | Fri Oct 7, 2016 | 7:02pm EDT Hurricane Matthew tests U.S. response lessons from Katrina left right A wall lies on the pavement after it was blown out at the LaPlaya Resort & Suites after the eye of Hurricane Matthew passed Daytona Beach. REUTERS/Phelan Ebenhack 1/2 left right The roof of a nearby business lies on a street after the eye of Hurricane Matthew passed Daytona Beach. REUTERS/Phelan Ebenhack 2/2 By Letitia Stein | TAMPA, Fla. TAMPA, Fla. Acting on lessons learned from the botched response to Hurricane Katrina in 2005, government authorities this week rushed to get aid to states in Hurricane Matthew's path, from drinking water and generators to helicopters and emergency planning experts. After Katrina struck New Orleans and other parts of the U.S. Gulf Coast, local residents suffered for days with little help as the devastating hurricane exposed glaring failures in U.S. readiness for natural disasters.

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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

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grew 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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