Brief: Europris Q2 EBITDA Rises To NOK 589 Million

Europris ASA

14/07/2022 06:16

July 14 (Reuters) - Europris ASA  EPR.OL :
    * STRONG SECOND QUARTER FOR EUROPRIS
    * Q2 TOTAL SALES OF NOK 2,216 MILLION (NOK 2,096 MILLION), A
5.7
PER CENT INCREASE
    * Q2 EBITDA OF NOK 589 MILLION (NOK 537 MILLION) AND EBITDA
MARGIN
OF 26.6 PER CENT (25.6 PER CENT)
    * Q2 GROSS MARGIN OF 48.2 PER CENT (47.2 PER CENT)
    * EXPECTS THAT GROSS MARGIN (EXCLUDING UNREALISED CURRENCY
EFFECTS) GOING FORWARD WILL STABILISE AT A SOMEWHAT HIGHER LEVEL
THAN BEFORE PANDEMIC.
    * BOARD REMAINS CONFIDENT THAT GROUP IS WELL POSITIONED IN
CURRENT
RETAIL ENVIRONMENT

Source text for Eikon:  ID:nObiQMw6La 
Further company coverage:  EPR.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))