Nordic retailer Reitan Gruppen booked higher sales and earnings in 2013 thanks to growth from its Rema 1000 supermarkets and Reitan convenience operations.
The company said sales rose to NOK76.85bn (US$12.84bn) in the year to end-December, up from NOK71.54bn in 2012. Sales generated at the Rema 1000 banner rose to NOK53.42bn, up 12.4% year-on-year. Convenience sales rose 6.6% to NOK14.23bn.
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Operating profit rose 16.7% to NOK3.04bn, while pre-tax profit increased 26% to NOK2.6bn.
