Ellos posts Q2 loss as sales rise nearly 6% in first report as listed company

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Ellos posts Q2 loss as sales rise nearly 6% in first report as listed company
Photo: Ari Luostarinen/SVD/TT

Net sales rose by almost 6 percent to SEK 848.3 million and adjusted operating profit rose marginally to SEK 41.8 million, according to the company's first interim report as a listed company.

"We continue to invest in strategic categories and new customer acquisition, which increased marketing costs during the quarter. At the same time, these investments support our long-term strategy for profitable growth," Ellos writes in the report.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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