Björn Borg AB Interim Report January – September 2016

 July 1 – September 30, 2016           

  • The Group’s net sales amounted to SEK 180.0 million (191.4), a decrease of 6.0 percent. Excluding currency effects, sales decreased by 5.6 percent.
  • The gross profit margin was 50.4 percent (51.9).
  • Operating profit amounted to SEK 28.6 million (32.9).
  • Profit after tax was SEK 24.7 million (21.7).
  • Earnings per share before dilution amounted to SEK 0.95 (0.88) and earnings per share after dilution amounted to SEK 0.95 (0.88).

January 1 – September 30, 2016

  • The Group’s net sales increased by 9.1 percent to SEK 460.2 million (421.7). Excluding currency effects, sales increased by 9.7 percent.
  • The gross profit margin was 51.1 percent (52.7).
  • Operating profit amounted to SEK 42.8 million (44.0).
  • Profit after tax amounted to SEK 29.0 million (34.3).
  • Earnings per share before dilution amounted to SEK 1.14 (1.45) and earnings per share after dilution amounted to SEK 1.14 (1.45).

Quote from the CEO

“The high point of the quarter was our work with consumer tests, where the end consumers who tested our functional underwear without exception wanted to buy them,” said CEO Henrik Bunge.

For further information, please contact:

Henrik Bunge, CEO, telephone +46 8 506 33 700
Daniel Grohman, CFO, telephone +46 8 506 33 700

Björn Borg is required to make public the information in this interim report according to the EU’s Market Abuse Regulation.

The information was released for publication on November 14, 2016 at 7:30 am (CET).

 

For both him and her. Find your new favourite at bjornborg.com.

#bjornborg #TrainToLive
3 quick tips to take care of your Björn Borgs.

#bjornborg #TrainToLive
Sports Hour. Let’s get it. @alicestenlof

#bjornborg #TrainToLive
AW22 for him. Find your new favourite piece for any active occasion.

#bjornborg #TrainToLive
@janicechantel in Seamless Rib Tights and Performance Low Seamless Bra.

#bjornborg #TrainToLive
Heritage.

#bjornborg #TrainToLive
Remember Father’s Day - follow the link in stories to our Underwear Guide to find the perfect gift.

#bjornborg #TrainToLive
Looking for early Christmas presents? Check out our Gift Guide at bjornborg.com.

#bjornborg #TrainToLive
@sofiaruutu wearing Mid V Support Bra with Rib Tights and Centre Pants.

#bjornborg #TrainToLive
Light as a feather and keeping you dry, the high-performance material, empowers you to take that extra rep. Not because you’ve to, but because you can.

#bjornborg #TrainToLive
Push your limits in our Outdoor Training Collection for AW22.

#bjornborg #TrainToLive
Tennis courts in Los Angeles, California.

#bjornborg #TrainToLive
We’ve been perfecting underwear for over thirty years. Find your perfect fit at bjornborg.com.

#bjornborg #TrainToLive
A little recap from yesterday’s event in Helsinki, Finland, where our ambassador @robinpackalen hosted a daytime workout session @trib3fi followed by lunch and snacks. Thank you everyone involved for a great afternoon. 🫶

#bjornborg #TrainToLive
Court goals.

#bjornborg #TrainToLive