Danish retailer JYSK says its logistics were tested this year, as more customers turned to online shopping. Total sales in JYSK Ireland and UK reached €41m, an increase of 74pc year-on-year in the 12 months to August 31. It reported a positive earnings before interest and tax (EBIT) result in its first full year in Ireland. Country manager for JYSK UK & Ireland, Roni Tuominen, said: “Whilst it has been a tough year for retail in many ways, we are very pleased with the results announced today. In Ireland, we were able to contribute positive EBIT after just one full financial year.”Mr Tuominen said the company’s EBIT result for Ireland is not yet at JYSK’s target levels.

Source: Irish Independent November 26, 2020 11:26 UTC