Business news : Swiss Intersport posts positive results in spite of individual difficulties

After a year minus the Swiss Intersport group may 2012/13 end the fiscal year in the black.

Despite a slight decline in sales, operating income amounts to the end of September 0.8 million Swiss francs, as the company has announced. Last year, the group had recorded a net loss of 3.2 million Swiss francs. Net revenue decreased during the year by 5 percent to 201.1 million francs. For the current fiscal year Intersport expects despite recently declining sales with a positive conclusion. The reasons for that "further optimized operating costs," it says.

Intersport is with 241 franchises and shopping partners present in Switzerland to 353 outlets. The connected sport shops achieve an annual retail turnover of around 436 million Swiss francs and a market share of 24 percent.

Source spomo.de