Wiggle Posts Heavy Loss Despite Impressive Sales

CORK, Ireland - Mapil Topco, owner of internet only giant WiggleCRC, has posted a pre-tax loss of GBP 132.5 million (€ 157m) for the trading period of the 52 weeks to December 30th 2018. The suffered loss is despite the fact that sales at the group rose 15 percent to GBP 453 million (€ 537m) with underlying profits of GBP 14.2 million (€ 16.8m).