Brief: New Wave: Reduction In Retail Mainly Attributable To Lower Sales In Sports Trade

New Wave AB

25/04/2024 06:15

April 25 (Reuters) - New Wave Group AB  NEWAb.ST :
    * WE SAW DURING Q1 THAT PRICE PRESSURE WITHIN PROMO
INCREASED
SOMEWHAT
    * REDUCTION IN RETAIL IS MAINLY ATTRIBUTABLE TO LOWER SALES
IN
SPORTS TRADE
    * CONTINUE TO HAVE GOOD COST CONTROL
    * HAVE INCREASED EXPENDITURES FOR MARKETING AND SALES AS
PLANNED,
WHICH WILL HAVE A POSITIVE IMPACT ON SALES IN COMING QUARTERS.

Source text for Eikon:  ID:nWkr8zRN2F 
Further company coverage:  NEWAb.ST 

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