Norway's Reitangruppen Impacted By Dip In Rema 1000 Performance: Analysis
Norway's Reitangruppen has posted pre-tax profits of NOK 3.4 billion for 2017, which is a significant fall from the NOK 7.3 billion the retailer posted a year earlier.
Total turnover at the business was NOK 89.1 billion, roughly on a par with the NOK 89.2 billion the group posted a year earlier.
Operating profit was NOK 3.43 billion, down from NOK 3.99 billion.
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!