Brief: Europris: Earlier Easter Had Positive Effect On Total Sales In Q1

Europris ASA

27/04/2023 06:19

April 27 (Reuters) - Europris ASA  EPR.OL :
    * AN EARLIER EASTER THIS YEAR HAD A POSITIVE EFFECT ON TOTAL
SALES
IN Q1.
    * EXPERIENCED SOME HOARDING ACTIVITY AT END OF JANUARY AS
CONSUMERS ANTICIPATED PRICE INCREASES FOR CONSUMABLES ON 1
FEBRUARY.
    * LOWER GROSS MARGIN REFLECTS INCREASED INPUT COSTS COMBINED
WITH
PRICE PRESSURE AND PROMOTIONS IN MARKET
    * EXPECTS TO SEE A SMALL APPETITE FOR INVESTMENT PURCHASES
AND HAS
PLANNED ACCORDINGLY BY ORDERING LOWER VOLUMES OF HIGH-VALUE
ITEMS

Source text for Eikon:  ID:nObitCgpWa 
Further company coverage:  EPR.OL 

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