BJÖRN BORG AB YEAR-END REPORT JANUARY – DECEMBER 2014


OCTOBER 1 – DECEMBER 31, 2014

  • The Group’s net sales increased by 36 percent to SEK 135.3 million (99.3). Excluding currency effects, net sales increased by 29 percent.
  • The gross profit margin was 54.1 percent (52.2).
  • Operating profit amounted to SEK 3.6 million (–12.5).
  • Profit after tax amounted to SEK 5.9 million (–11.0).
  • Earnings per share before and after dilution amounted to SEK 0.18 (–0.40).

JANUARY 1 – DECEMBER 31, 2014

  • The Group’s net sales increased by 9 percent to SEK 538.8 million (496.0). Excluding currency effects, net sales increased by 6 percent.
  • The gross profit margin was 52.9 percent (51.5).
  • Operating profit amounted to SEK 56.0 million (21.2).
  • Profit after tax amounted to SEK 47.6 million (13.9).
  • Earnings per share before and after dilution amounted to SEK 1.94 (0.86).
  • The Board of Directors has decided to propose to the Annual General Meeting a distribution of SEK 1.50 (1.50) per share, totaling SEK 37.7 million (37.7).
  • The Board of Directors has established financial objectives for the period 2015-2019.

QUOTE FROM THE CEO

“2014 finished strongly with very good growth in our e-commerce,” said Henrik Bunge, CEO of Björn Borg.

   
For further information, please contact:
Henrik Bunge, CEO, telephone +46 8 506 33 700
Magnus Teeling, CFO, telephone +46 8 506 33 700
  
Björn Borg is required to make public the information in this year-end report in accordance with the Securities Market Act.
The information was released for publication on February 19, 2015 at 7:30 am (CET).

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At the heart of our heritage.
The Puente Romano Tennis Club in Marbella boasts a rich history and a longstanding association with tennis legends. A pivotal figure in the club’s early years was the legendary tennis icon Björn Borg.
Borg’s ties with the Puente Romano Tennis Club strengthened significantly in 1980 when the club served as the venue for his wedding.
Although Björn Borg’s direct involvement in managing the Puente Romano Tennis Club eventually concluded, his enduring legacy laid the groundwork for the club’s esteemed status in the tennis realm.

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