31 March 2017
NorgesGruppen has reported its results for 2016, reporting that revenue increased by 5.2% to NOK 80,162m (€8.8bn). Profit after tax grew by 4.4% to NOK 2,465m (€269m).
CEO: competition from food-to-go, eating out, the specialists & commerce'
Commenting on the results, CEO Runar Hollevik said, ‘Grocery stores are experiencing increased competition from other marketing channels such as f...