BJÖRN BORG – RESULT FOR THE SECOND QUARTER WILL SIGNIFICANTLY EXCEED MARKET EXPECTATIONS

The interim report for the Björn Borg Group will be presented on August 20, 2021, but as the company expects to report a significantly higher result for the second quarter of the year compared to the previous year and the result is considered to deviate from the expectations of the market, the preliminary numbers are published earlier.

The operating profit for the second quarter 2021 is increased with SEK 32.7 million to SEK 19.3 million (-13.4). The profit after tax increase with SEK 32.3 million to SEK 13.5 million (-18.8). The increased operating profit is primarily a result of improved gross margins and reduced operational expenses. The net sales of the quarter amount to SEK 168.4 million (148.0), which is an increase with 14 percent.

The interim report for the second quarter will be presented in full on Friday, August 20, 2021 at 07:30 a.m. CET. No further information will be provided before then. The numbers published in this release are preliminary and not reviewed by the company's auditors.

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