Business
EPR: Sales up 45% but EBIT negative, with Norway growing and ÖoB Sweden in turnaround
EPR: Sales up 45% but EBIT negative, with Norway growing and ÖoB Sweden in turnaround
About this update from Europris Asa
Sales surged 45% year-over-year due to the ÖoB acquisition, but EBIT turned negative from currency losses and integration costs. Norway showed underlying growth, while ÖoB in Sweden faced a 7.3% sales decline amid turnaround efforts. Net profit was negative NOK 80 million.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.