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Fiscal year 2016/17

  • Q4 2017 revenues 6 percent above previous year as expected
  • Full year revenues of the continued brands up by 1.4 percent
  • Group earnings down EUR -0.6 million due to increased spending on e-commerce marketing, distribution, order picking and IT
  • Balance sheet structure remains solid with equity ratio of 56 percent and reduced net working capital
  • Cash flow from operating activities more than doubled