Business
KJELL: Sales fell 13% but gross margin rose to 44.9%, with Q4 targeted for growth recovery
KJELL: Sales fell 13% but gross margin rose to 44.9%, with Q4 targeted for growth recovery
About this update from Kjell Group Ab
Q1 2026 saw a sharp sales decline due to low inventory, but gross margin improved to 44.9% and operational changes are underway. Sweden and Norway stabilized, Denmark lagged, and Q4 is targeted for growth recovery.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.