Gadget chain Kjell & Company reports declining figures for the second quarter. While net sales fell by 7.4 percent to SEK 568.5 million, the company reports an operating loss of SEK 7 million, which can be compared with the operating profit of SEK 8.5 million in the same period last year.
“Despite a challenging market in the short term, the need for digitization and technology in society will continue to grow in the future. In this future, Kjell aims to be the preferred destination for individuals, families or companies that want to maximize their technological opportunities,” writes the company’s CEO Andreas Rylander in the report.