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BRIEF-MQ Q1 operating profit 42 mln SEK
December 16, 2016 / 6:22 AM / in 7 months

BRIEF-MQ Q1 operating profit 42 mln SEK

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Dec 16 (Reuters) - Mq Holding Ab

* Q1 like-for-like sales declined -5.4 percent

* Q1 operating profit was sek 42 million (42), corresponding to an operating margin of 9.7 percent (10.9).

* Q1 net sales amounted to sek 433 million (382), up 13.4 percent.

* Q1 gross margin was 63.0 percent (59.7)

* Says The MQ Group's repositioning to reach a broader target group in Sweden is continuing Source text for Eikon: Further company coverage: (Reporting By Anna Ringstrom)

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