Increased Loss for Kjell & Company

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Increased Loss for Kjell & Company
Photo: Heiko Junge/AP/TT

The ornament chain Kjell & Company reports an increased operating loss for the second quarter. The loss of 8.7 million kronor can be compared to 7 million kronor for the same period last year. Net sales simultaneously increased from 568 to 594 million kronor.

"The fine performance stands out in the historically toughest quarter of the year for both the group and the industry as a whole", writes CEO Andreas Rylander in the interim report about the increased sales.

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

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