A & O is on schedule

The Danish electrical wholesaler A & O Johansen from Albertslund achieved sales of DKK 2,455.8 m (EUR 329 m).

from January to September 2018, 3.9% more than in the same period last year. The operating profit (EBIT) was DKK 107.3 m (EUR 14.4 m); a minus of 2.7%. Net profit was DKK 82.9 m (EUR 11.1 m), an increase of 4.1%.

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