Brief: Improved Pricing Conditions, Healthy Inventory Had Positive Impact On Komplett Gross Margin

Komplett ASA

27/04/2023 06:41

April 27 (Reuters) - Komplett ASA  KOMPLK.OL :
    * DURING Q1 OF 2023, INDUSTRY REMAINED CHALLENGED BY LOW CONSUMER SENTIMENT
    * PRICING ENVIRONMENT FOR RETAIL SHOWED SIGNS OF IMPROVEMENT
    * GROSS MARGIN CONTINUED TO TREND POSITIVELY IN PERIOD, REACHING 14.1 PER CENT COMPARED WITH
11.8
PER CENT IN Q1 OF 2022
    * IMPROVED PRICING CONDITIONS AND A HEALTHY INVENTORY HAD A POSITIVE IMPACT ON GROSS MARGIN
    * INCREASED ITS INVENTORY BY NOK 200 MILLION FROM YEAR-END, BUT COMPOSITION REMAINS HEALTHY.

Source text for Eikon:  ID:nWkr7zjD7Q 
Further company coverage:  KOMPLK.OL 

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