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Mr Green shares dip as Austrian tax dispute weighs on results

20th February 2015 9:09 am GMT

Despite recording a 36 per cent increase in revenue during the year, Sweden’s Mr Green & Co has posted a net loss of SEK28.0m for 2014, with results negatively impacted by a SEK108m provision relating to its ongoing tax dispute in Austria.  

Revenue rose by 28 per cent in the final quarter of the year to SEK174.8m, with the company’s mobile channel now representing nearly 30 per cent of the total (SEK51.7m). Active customers [...]

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