Rusta increased sales in all segments and strengthened profitability.
Net sales increased by 4.9% to SEK 2,679 million and the board proposes an increased dividend of SEK 1.80 per share.
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Discount home, garden, and leisure department store
rusta.comLast updated
In short: Rusta reported strong financial growth and increased profitability while appointing Cathrine Wigzell as its new CEO to lead further expansion.
Net sales increased by 4.9% to SEK 2,679 million and the board proposes an increased dividend of SEK 1.80 per share.
She assumed office on June 1, 2026 and succeeds Göran Westerberg. She has over 20 years of experience in retail.
The loyalty program grew by over 650,000 new members in the past year across Sweden, Norway, Finland, and Germany.
Mats Kotka, Country Manager, highlights reaching new customer groups. Celebrations occur all week at Kaisaniemenkatu 5 with offers.
Anders Forsgren, major shareholder and board member of Rusta, has via a company bought approximately 678,000 shares in the retail chain for just over 51 million kronor.
The retail chain Rusta's newly appointed CEO Cathrine Wigzell has, as of June 10, bought 6.891 shares in the company in a transaction worth 0,5 million kronor.
This article first appeared on GuruFocus. Revenue Growth: 4.9% net sales growth, 5.8% excluding currency effects, and 2.1% like-for-like growth for the fourth quarter. Gross...
Danske Bank lowers recommendation for discount chain Rusta to hold from buy and reiterates target price of 100 kronor. This is written by Bloomberg News which has taken...
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