December 20, 2017 / 6:54 AM / a month ago

BRIEF-KappAhl Q1 Operating Profit at SEK ‍90​ Million, Below Expectations

Dec 20 (Reuters) - Kappahl:

* FIRST QUARTER 2017/2018: LOWER SALES AS COMPETITION TOUGHENS

* Q1 NET SALES SEK ‍1.17 BILLION VERSUS SEK 1.26 BILLION YEAR AGO

* Q1 OPERATING PROFIT SEK ‍90​ MILLION VERSUS SEK 144 MILLION YEAR AGO

* REUTERS POLL: KAPPAHL Q1 OPERATING PROFIT WAS SEEN AT SEK 101 MILLION, NET SALES AT SEK 1.18 BILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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