BJÖRN BORG AB INTERIM REPORT JANUARY – JUNE 2019

APRIL 1 – JUNE 30, 2019

  • The Group’s net sales increased 1.0 percent to SEK 141.7 million (140.3). Excluding currency effects, sales fell 2.2 percent.
  • Net sales for own e-commerce and to e-tailers amounted to SEK 32.1 million (31.0), an increase of 3.5 percent.
  • The gross profit margin was 55.4 percent (59.9).
  • The operating loss was SEK 1.7 million (+2.9).
  • The loss after tax amounted to SEK 2.3 million (+1.5).
  • Earnings per share before and after dilution amounted to SEK –0.09 (0.06).

JANUARY 1 – JUNE 30, 2019

  • The Group’s net sales increased 6.6 percent to SEK 329.9 million (309.5). Excluding currency effects, sales rose 2.9 percent.
  • Net sales for own e-commerce and to e-tailers amounted to SEK 85.0 million (66.0), an increase of 28.7 percent.
  • The gross profit margin was 56.2 percent (58.3).
  • Operating profit amounted to SEK 16.9 million (18.0).
  • Profit after tax amounted to SEK 14.6 million (16.3).
  • Earnings per share before and after dilution amounted to SEK 0.58 (0.66).

QUOTE FROM THE CEO

“We saw very good sales growth at the wholesale level in the Netherlands, 34 percent adjusted for currencies. Sweden and Germany also reported good growth,” commented CEO Henrik Bunge.

For further information, please contact:

Henrik Bunge, CEO, telephone +46 8 506 33 700
Jens Nyström, CFO, telephone +46 8 506 33 700

This information is information that Björn Borg AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above on August 17, 2018 at 7:30 am (CET).

 

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