*

Hitt og þetta 11. apríl 2006

Wedins Skor & Accessoarer AB posts 6-month operating loss of SEK17.0m

Nordic Business Report-April 11, 2006-Wedins Skor & Accessoarer AB posts 6-month operating loss of SEK17.0m
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish shoes and accessories chain Wedins Skor & Accessoarer AB issued on Monday (10 April) its report for the first half of the financial year 2005/2006, posting an operating loss of SEK17.0m, as compared to a loss of SEK23.8m in the first half of the financial year 2004/2005.

Excluding restructuring costs the result amounted to a profit of SEK4.0m.

Sales amounted to SEK573,0m, up from SEK550.5m in the corresponding period a year earlier.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

((Comments on this story may be sent to tww.feedback@m2.com))