New Wave Group AB Annual report 2017 EN | Page 17

CORPORATE PROMO Corporate Promo is divided into three subdivisions: promowear, promotional gifts and workwear. Business is conducted in a total of 17 countries on three continents. The operating segment’s domestic market is the Nordic countries which also answer for most of the sales. Corporate Promo answered for 47 % of the Group’s sales and SEK 289.7 million of the Group’s EBITDA in 2017. The brands in the Corporate Promo operating segment are sold primarily in the promo sales channel, but some brands are also sold in the retail sales channel.