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BRIEF-Kappahl Q2 operating profit tops forecasts
April 6, 2017 / 5:40 AM / 8 months ago

BRIEF-Kappahl Q2 operating profit tops forecasts

April 6 (Reuters) - Kappahl AB (Publ)

* Says operating profit improved and was SEK 47 (31) million for quarter

* Q2 gross margin 58.9 percent

* Q2 sales in comparable stores +1.9 percent

* Q2 gross margin was positively affected by continued work on pricing and campaign strategies percent

* Reuters poll: Kappahl Q2 op profit was seen at SEK 43 million, comparable sales at +1.8 percent, gross margin at 58.8 pct Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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