Sales remained stable at Oase Outdoors for the second quarter, as the Danish camping equipment company made up for sluggishness in the U.K. market through increased sales in other markets. Its turnover reached 134 million Danish kroner (€18.0m-$21.0m) for the three months, up from DKK 132 million in the year-ago period. But the company behind the Outwell, Robens and Easy Camp brands saw its earnings before interest, tax and amortization (EBITA) decline to DKK 27 million (€3.6m-$4.2m), down from DKK 32 million, due to continued investments in growth initiatives and product development. This means its EBITA margin declined by 4.0 percent percentage points to 20.0 percent in the quarter. For the first six months of this year sales were almost flat as well at DKK 239 million (€32.0m-$37.4m), compared with DKK 238 million in the prior-year period. Oase's EBITA margin shrank by 3.6 percentage points to 19.1 percent for the six months. The numbers were reported by Ratos, the Swedish investment firm that bought into the formerly family-owned group two years ago. The company said that Oase has launched an entirely new range of tents for 2019 under the Outwell brand, the group's largest.

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