Björn Borg AB Year-end Report January – December 2016

1 October – 31 December, 2016

  • The Group’s net sales increased by 12.3 percent to SEK 171.4 million (152.6). Excluding currency effects, sales rose by 10.2 percent.
  • The gross profit margin was 48.0 percent (51.8). Excluding currency effects, the margin was 49.9 percent.
  • Operating profit amounted to SEK 21.4 million (14.6).
  • Profit after tax was SEK 17.9 million (7.3).
  • Earnings per share before and after dilution amounted to SEK 0.74 (0.34).

1 January – 31 December, 2016

  • The Group’s net sales increased by 10 percent to SEK 631.6 million (574.3). Currency effects were marginal.
  • The gross profit margin was 50.3 percent (52.4). Excluding currency effects, the margin was 50.7 percent.
  • Operating profit amounted to SEK 64.2 million (58.6).
  • Profit after tax amounted to SEK 46.9 million (41.6).
  • Earnings per share before and after dilution amounted to SEK 1.88 (1.79)
  • The Board of Directors has decided to propose to the Annual General Meeting a distribution of SEK 2.00 (2.00) per share, totaling SEK 50.3 million (50.3).

Quote from the CEO

“We finished the year very strongly, and two years and four months after the launch of our business plan, Northern Star, we closed the books on another year in which we improved our key indicators,” 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 February 17, 2017 at 7:30 am (CET).

The goal is to become a better version of yourself.

#bjornborg #TrainToLive
A smooth sensation. Our Studio Collection features silky-smooth, colourful and flattering pieces that fit perfectly together.
Get yours at bjornborg.com.

#bjornborg #TrainToLive
A new and exciting material we use in our SS23 Collection is REPREVE® Our Ocean™.
“To produce these fibres, plastics at high risk of entering the ocean are collected in coastal areas in developing countries or areas that lack formal waste or recycling systems. The waste is cleaned, broken down, certified by a third-party organisation, and transformed into premium fibres.”
Read more about the materials we use on bjornborg.com/sustainability.

#bjornborg #TrainToLive
New SS23 Collection now available at bjornborg.com.

#bjornborg #TrainToLive
Heritage.

#bjornborg #TrainToLive
Sports Hour. 
It’s not about being first over the finish line or lifting the heaviest, that’s just bullsh*t. It’s about being bold, having the best ideas and never giving up. 

#bjornborg #TrainToLive
Let’s continue to push sustainable boundaries together. Read more about our sustainability initiatives at bjornborg.com.

#bjornborg #TrainToLive
30 years of perfection. With long-fibre organic cotton, flexible stretch and a perfect fit - the Premium Cotton Stretch.

#bjornborg #TrainToLive
DNA.

#bjornborg #TrainToLive
We don’t live to train. We #TrainToLive.

#bjornborg
At Björn Borg, we believe sustainable products are long-lived and comes with a great fit. To support you becoming the best version of yourself.

#bjornborg #TrainToLive
Heritage.

#bjornborg #TrainToLive