Strong Q1/20 sales driven by 25% Y/Y growth in e-commerce
Massive clearance sales resulting in soft Q1/20 gross margin of 27.9%
Negative Q1/20 EBITDA explained by increased overhead costs
Norway and Sweden have started Q2/20 on a positive note
29 Apr 2020
Stores in Austria set to reopen within days
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Stores in Austria set to reopen within days
Strong Q1/20 sales driven by 25% Y/Y growth in e-commerce
Massive clearance sales resulting in soft Q1/20 gross margin of 27.9%
Negative Q1/20 EBITDA explained by increased overhead costs
Norway and Sweden have started Q2/20 on a positive note