Financial data

SEK thousands Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019
           
Brand sales 1 443,527 453,784 473,112 272,185 490,491 380,927
Net sales 203,132 196,898 188,155 141,705 230,585 196,408
Gross profit margin, % 57.7% 55.5% 56.8% 55.4% 52.5% 50.8%
Operating profit 36,999 16,033 18,545 -1,678 33,065 1,430
Operating margin, % 18.2% 8.1% 9.9% -1.2% 14.3% 0.7%
Profit after financial items 35,633 16,081 19,946 -2,828 34,140 -2,568
Profit margin, % 17.5% 8.2% 9.6% -2% 14.8% -1.3%
Earnings per share, SEK 2 1.15 0.58 0.67 -0.09 1.07 -0.11
Earnings per share after dilution, SEK 3 1.15 0.58 0.67 -0.09 1.07 -0.11
Number of stores at end of period 34 34 34 34 34 33
  of which own concept stores 30 30 30 30 30 30
             
1 Estimated total sales of Björn Borg products at the consumer level excluding VAT, based on reported wholesale sales.            
2 Earnings per share in relation to the weight average number of shres during the period (comparison year restated after split).            
3 Earnings per share adjusted for any dilution effect (comparison year restated after split).            

 

Analysis in Swedish from Erik Penser Bank:

https://links.penser.se/f/a/borg_20191126.pdf