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Retail

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.

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