Nordic Business Report-April 4, 2006-RnB Retail and Brands AB reports Q2 operating result of SEK31.2m
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The Swedish clothes retail and distribution group RnB Retail and Brands AB (RnB) issued on Tuesday (4 April) its report for the second quarter of the financial year 2005/2006, posting an operating result of SEK31.2m, as compared to SEK8.4m in the second quarter of 2004/2005.
The net turnover amounted to SEK373.3m, up by 68% from SEK221.8m in the corresponding period a year ago.
The increase was mainly due to new acquisitions. The turnover for comparable stores increased by 5.3%.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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