Strong profit boost for Rusta

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Strong profit boost for Rusta
Photo: Fredrik Sandberg / TT

Retail chain Rusta reports a profit before tax of SEK 134 million for the second quarter of the broken financial year, which ended in October. This compares with a profit of SEK 75 million in the corresponding quarter last year.

Net sales rose to SEK 2.95 billion, up from SEK 2.72 billion a year earlier.

"Average receipts rose and the proportion of products sold at higher price points in the product mix increased, which further strengthened the development. Christmas sales have thus started positively and our sales development in November is well in line with the positive development in the second quarter," says Göran Westerberg in a comment in the report.

“Overall, this gives us good conditions for a strong end to the year in December, which is one of our most important sales months,” he adds.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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