Akademibokhandeln and Bokus Play Q2 results hit by investments and Sweden’s heatwave

Sweden’s Akademibokhandeln Holding AB has released its Q2 results and it’s not looking good. Turnover down from 316.7 million kronor in 2017 to 314.9 million kronor ($34 million) this year. Operating profit before depreciation and amortisation decreased from SEK 1.9 million to minus 28.1 million (-$3 million). Profit after tax has decreased from – SEK 28.5 Read More …