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2016-11-08

KappAhl: KappAhl publishes their combined Annual and Sustainability Report

Today KappAhl publishes its Annual Report for the fiscal year
2015/2016. Again this year, the fashion chain has chosen to combine
the financial annual report and the sustainability report.

In brief the past year summes up as follows

· A major change effort has taken shape and KappAhl's earnings have
gone up.

· The driving forces were developing KappAhl's customer offer,
strengthening the gross margin and continued cost control

· Success factors included a gradual clarification of the
assortment as well as altered and active work on price and campaign
strategies.

· The continued prioritized sustainability work included
reinforcements by new routines and roles in the sustainability
organization and by investing in education for the design and
purchasing departments. The aim is to strengthen the sustainability
efforts further in the design phase.

In the Annual Report CEO Danny Feltmann comments the past year with
"It has been a year when we through major joint operations have
reversed a negative trend. Together, we have increased sales and
strengthened our operating margin. It is a good starting point as we
tackle fiscal year 2016/2017."

The Annual Report published today is the Swedish version. The English
version will be published on 24 November. The Annual Report is
produced in two parts. Part 1 describes the business including the
sustainablity work and is available to download as well as to order
printed copies of at www.kappahl.com/ir. Part 2 is available to
download on www.kappahl.com/ir and includes the official Annual
Report, the GRI Index, the materiality analysis and corporate
governance report, etc.

For further information, please contact
Charlotte Högberg, Head Corporate Communications, tel 46 (0)70 471 56
31, email charlotte.hogberg@kappahl.com

KappAhl, founded in 1953 in Gothenburg, is one of the leading Nordic
fashion chains with nearly 380 stores in Sweden, Norway, Finland and
Poland as well as Shop Online. Our mission is to offer
value-for-money fashion of our own design with wide appeal. About 38
per cent of the range has sustainable fashion labelling. In 2015/2016
sales were SEK 4.7 billion and the number of employees was about
4,000 in nine countries. KappAhl has been listed on Nasdaq Stockholm
since 2006. More information is available at www.kappahl.com

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http://news.cision.com/kappahl/r/kappahl-publishes-their-combined-annual...
http://mb.cision.com/Main/732/2118272/586729.pdf

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