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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Strax Ord | LSE:0RET | London | Ordinary Share | SE0008008254 | STRAX ORD SHS |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.47 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
STOCKHOLM, Aug. 28, 2019 /PRNewswire/ --
STRAX Q2 2019 driven by Urbanista and cost reductions implemented in 2018
"I'm pleased with our Q2 2019 performance in a challenging external environment. Most of our geographic markets held up in terms of sales, whilst the strong development for Urbanista with 80% YoY quarterly sales growth increased its significance of sales and profitability for the group. Our aggressive OPEX reduction in 2018 also contributed to profitability during the quarter and we are on track to deliver the previously communicated MEUR 7-8 in cost savings this year."
Gudmundur Palmason, CEO
This is information that Strax AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:55 CEST on August 28, 2019.
About STRAX
STRAX is a market-leading global company specializing in mobile accessories. STRAX has built a House of Brands to complement its value-added customer specific solutions and services. STRAX House of Brands includes proprietary brands: XQISIT, Urbanista, THOR, Clckr and licensed brands: adidas and bugatti. In addition, STRAX represents over 40 major mobile accessory brands. STRAX sells into all key channels ranging from telecom operators, mass merchants and consumer electronics to lifestyle retailers and direct to consumers online. STRAX was founded in Miami and Hong Kong in 1995 and has since grown across the world. Today, STRAX has 190 employees in 13 countries with its operational HQ and logistics center based in Germany. STRAX is listed on the Nasdaq Stockholm Stock Exchange.
For further information please contact:
Gudmundur Palmason
CEO
STRAX AB
Telephone: +46-8-545-017-50
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/strax/r/strax--interim-report-no-2-for-the-financial-year-2019,c2890067
The following files are available for download:
https://mb.cision.com/Main/661/2890067/1096515.pdf | Q2 2019 |
https://mb.cision.com/Public/661/2890067/a7098120852fa3c8.pdf | prm Q2 2019 SV |
View original content:http://www.prnewswire.com/news-releases/strax-interim-report-no-2-for-the-financial-year-2019-300908285.html
SOURCE Strax
Copyright 2019 PR Newswire
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