Reuters logo
10 months ago
BRIEF-Retailer Kappahl's Q4 operating profit tops forecast
October 13, 2016 / 5:41 AM / 10 months ago

BRIEF-Retailer Kappahl's Q4 operating profit tops forecast

1 Min Read

Oct 13 (Reuters) - Kappahl Ab (Publ)

* Says sales increased by 8.6 per cent to SEK 1,248 (1,149) million during quarter

* Says sales in comparable stores were 5.6 per cent higher for quarter

* Says gross margin increased by 0.6 percentage points to 58.0 (57.4) per cent for quarter

* Says operating margin for quarter was 7.9 (4.5) per cent

* Says board of directors proposes that a dividend of SEK 1,25 per share be distributed

* Says q4 operating profit ex items was 99 million SEK (62)

* Reuters poll: average forecast for kappahl q4 op profit was 82.0 million SEK, dividend at SEK 1.44per share Source text for Eikon: Further company coverage: (Stockholm Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below