Nordic Business Report-April 11, 2006-Wedins Skor & Accessoarer AB posts 6-month operating loss of SEK17.0m
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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).
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