A & O 1st half year: sales plus; profit minus

The Danish electrical wholesaler A & O Johansen from Albertslund achieved sales of DKK 1,642.6 m ( 220.2 m EUR).....

in the first half of 2018, i.e. 6% more than in the same period of the previous year.

The operating profit (EBIT) was DKK 69.3 m (9.3 m EUR); minus 7%.

For 2018, a pre-tax profit of between DKK 145-155 m (19-21 m EUR) is still expected; in 2017, DKK 145.5 m (19.5 m EUR) was generated.