Hema Records a Profitable Quarter

Source: HEMA, Friday, Apr 13, 2018

Dutch variety store chain Hema has seen a turnaround in its most recent set of full year results, with net sales rising 3.5% on the previous year. Adjusted EBITDA rose 14.3% at EUR123.7 million. In Q4, net sales increased 3.8% to EUR356.9 million. Net profit was EUR6.0 million. HEMA reported higher sales in all its operating margins.