BJÖRN BORG AB INTERIM REPORT JANUARY – SEPTEMBER 2022

JULY 1 – SEPTEMBER 30, 2022

  • Group net sales amounted to SEK 248.6 million (240.1), an increase of 3.5 percent.
  • Net sales for own e-commerce and e-tailers amounted to SEK 82.2 million (86.3), a decrease of 4.7 percent. Sales for own e-commerce increased by 28 percent to SEK 29.5 million (22.9).
  • The gross profit margin amounted to 48.2 percent (54.4). Currency-neutral, the gross profit margin amounted to 54.5 percent, an increase of 0.1 percentage points.
  • Operating profit amounted to SEK 30.6 million (52.4). Currency neutral and adjusted for non-recurring items, operating profit amounted to SEK 53.2 million, an increase of 1.5 percent.
  • Profit after tax amounted to SEK 22.2 million (40.1).
  • Earnings per share before and after dilution amounted to SEK 0.88 (1.59).

JANUARY 1 – SEPTEMBER 30, 2022

  • Group’s net sales amounted to SEK 636.8 million (587.6), an increase of 8.4 percent.
  • Net sales for own e-commerce and e-tailers amounted to SEK 226.4 million (233.3), a decrease of 3.0 percent. Sales for own e-commerce increased by 15 percent to SEK 80.4 million (70.1).
  • The gross profit margin amounted to 50.4 percent (54.6). Currency-neutral, the gross profit margin amounted to 55.1 percent, an increase of 0.5 percentage points.
  • Operating profit amounted to SEK 65.1 million (94.1). Currency neutral and adjusted for non-recurring items, operating profit amounted to SEK 102.9 million, an increase of 9.4 percent.
  • Profit after tax amounted to SEK 45.6 million (75.0).
  • Earnings per share before and after dilution amounted to SEK 1.81 (2.98).

QUOTE FROM THE CEO

Very strong growth for our own e-commerce which increased by 28 percent during the third quarter of the year and adjusted for non-recurring items and currency changes, we have never shown higher profitability in a single quarter”, commented CEO Henrik Bunge.

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