BJÖRN BORG AB YEAR-END REPORT JANUARY – DECEMBER 2021

OCTOBER 1 – DECEMBER 31, 2021

  • The Group’s net sales amounted to SEK 180.6 M (160.4), an increase of 12.6 percent.
  • Net sales for own e-commerce and e-tailers amounted to SEK 63.0 million (57.5), an increase of 9.6 percent.
  • The gross profit margin was 53.1 percent (56.6).
  • Operating profit amounted to SEK 10.0 million (6.5).
  • Profit after tax amounted to SEK 11.1 million (1.3).
  • Earnings per share before and after dilution amounted to SEK 0.44 (0.05).

JANUARY 1 – DECEMBER 31, 2021

  • The Group’s net sales amounted to SEK 768.2 M (705.2), an increase of 8.9 percent.
  • Net sales for own e-commerce and e-tailers amounted to SEK 294.6 M (231.5), an increase of 27.2 percent.
  • The gross profit margin was 54.2 percent (52.5).
  • Operating profit amounted to SEK 104.1 million (33.7).
  • Profit after tax amounted to SEK 86.0 million (18.8).
  • Earnings per share before and after dilution amounted to SEK 3.42 (0.75).
  • The board of Directors has decided to propose to the Annual General meeting a distribution of SEK 2.50 (1.50) per share, totaling SEK 62.9 million (37.7).

QUOTE FROM THE CEO

What gives me the most confidence going forward is that we have established ourselves at a completely new level of operating profit, 13.5 percent or SEK 104.1 million (33.7)”, commented CEO Henrik Bunge.

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