New Wave Group, the Swedish group that owns Craft and other brands, reported a rise of 33 percent to 3,059 million Swedish kronor (€327.5m-$398.5m) in total sales for its full year ended Dec. 31. The company’s gross profit margin was 45.9 percent, and its net profit grew to SEK 206.7 million (€22.1m-$26.9m) as compared to SEK 172.9 million in the previous year. New Wave’s sales in Sweden represent 39 percent of the total, followed by the Benelux at 11 percent.