A & O expects stronger competition
The Danish electrical wholesaler A & O Johansen from Albertslund achieved a turnover of DKK 3,269.1 m (EUR 438.8 m) in 2017, which is 15.8% more than in 2016.
The net profit amounted to DKK 114.8 m (EUR 15.4 m), here the plus was 8.9%.
A & O has 50 offices and employs 718 people. The export share is below 10%. A & O has own companies in Denmark, Sweden, Norway and Estonia.
Over the next two years, the Group will focus on developing, boosting and adapting the enterprise to the future market, where digitisation and transparency will increase competition.