Nordic Business Report-April 27, 2006-Gresvig ASA reports Q1 operating result of NOK49.88m
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The Norwegian sports wear and equipment chains operator Gresvig ASA issued its first quarter report on Thursday (27 April), posting an operating result of NOK49.88m, as compared to NOK19.29m in the first quarter of 2005.
Operating revenues amounted to NOK718.01m, up from NOK381.26m in the first quarter last year. The growth was mainly due to new acquisitions.
One Norwegian krone (NOK) is worth approximately 0.09 British pounds (GBP).
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