BJÖRN BORG AB INTERIM REPORT JANUARY – JUNE 2022

APRIL 1 – JUNE 30, 2022

  • Group’s net sales amounted to SEK 161.5 million (162.8), a decrease of 0.8 percent.
  • Net sales for own e-commerce and e-tailers amounted to SEK 51.6 million (61.3), a decrease of 15.9 percent. Net sales for own e-commerce increased with 18 percent to SEK 27.0 million (22.8).
  • Gross profit margin was 54.5 percent (56.3). Currency neutral the gross profit margin was 59.6 percent, an increase of 3.3 percentage points.
  • Operating profit amounted to SEK 5.2 million (19.3).
  • Profit after tax amounted to SEK 0.3 million (13.5).
  • Earnings per share before and after dilution amounted to SEK 0.01 (0.54).

JANUARY 1 – JUNE 30, 2022

  • Group’s net sales amounted to SEK 388.2 million (347.5), an increase of 11.7 percent.
  • Net sales for own e-commerce and e-tailers amounted to SEK 143.7 million (132.7), an increase of 8.3 percent. Net sales for own e-commerce increased with 11 percent to SEK 52.2 million (47.2).
  • Gross profit margin was 51.9 percent (54.7). Currency neutral the gross profit margin was 55.6 percent, an increase of 0.9 percentage points.
  • Operating profit amounted to SEK 34.5 million (41.7), a decrease of 17.3 percent.
  • Profit after tax amounted to SEK 23.4 million (34.9).
  • Earnings per share before and after dilution amounted to SEK 0.93 (1.39).

QUOTE FROM THE CEO

“We see strong growth in own e-commerce that increase with 18 percent in the quarter and a gross profit margin that currency neutral grow strongly”, commented CEO Henrik Bunge.

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