Electra grow and show profits after taken over Expert shops

Electra Group including Audio Video announce that they have just finish best
quarter ever. Sales went up to 518 million SEK, from last year’s 486 million
SEK. Profit doubles to almost 19 million SEK compared to last year’s 9,2
million SEK. When the Nordic retailer chain Expert had to close down in
Sweden, Electra took over 55 of their stores. It seems todays sales figure
with result show they have made an excellent turn around. Electra Group CEO
Anneli Sjöstedt says their main strategy is to develop and support the
channel in Nordic and new agreement with Euronics International is part of
that strategy. For more information, visit electra.se