Despite tough competition in Scandinavia and unfavorable weather at the end of the year, the Fenix Outdoor Group lifted its turnover by 8 percent to 1,865.7 million Swedish kronor (€209.4m-$286.3m) last year. Sales of the group's brands, led by Fjällräven, jumped by 11 percent to SEK 1,264.4 million (€141.9m-$194.0m) for the year with increases in all regional markets. Meanwhile, retail sales by Naturkompaniet in Sweden and Partioaitta in Finland increased by just 2 percent to SEK 574.5 million (€64.5m-$88.2m), with an unchanged number of 45 stores including five franchises, but their operating profit dropped by 18.7 percent to SEK 36.6 million (€4.1m-$5.6m). The sales hike was achieved in spite of the mild weather at the end of last year: the group still lifted its turnover by 15 percent to SEK 469.7 million (€52.7m-$72.1m) for the last quarter. The Swedish group ended the year with net profit of SEK 192.9 million (€21.6m-$29.6m), up by 24 percent. More results and analysis in The Outdoor Industry Compass.

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