Summary

SEK thousands | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | Q4 2015 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 |
Net sales | 150,310 | 100,586 | 157,279 | 125,444 | 141,009 | 104,091 | 165,976 | 138,746 | 130,786 | 105,759 | 160,228 | 99,275 | 142,783 | 96,969 | 163,723 | 135,278 | 131,081 | 99,199 | 191,430 | 152,618 | 158,065 | 122,165 | 179,977 | 171,410 | 185,657 | 134,844 | 205,712 | 170,269 | 169,204 | 140,341 | 203,132 | 196,898 | 188,155 | 141,705 | 230,585 | 196,407 | 171,973 | 147,966 | 224,909 | 160,364 | 184,651 | 162,836 | 240,141 | 180,576 | 226,620 | 161,544 | 248,590 | 198,420 | 246,893 |
Gross profit margin, % | 50.0% | 54.9% | 49.8% | 52.5% | 48.5% | 51.4% | 50.9% | 51.9% | 50.1% | 52.1% | 51.8% | 52.1% | 52.8% | 52.5% | 52.4% | 54.1% | 53.6% | 53.0% | 51.9% | 51.8% | 50.0% | 53.5% | 50.4% | 48.0% | 48.9% | 52.1% | 56.3% | 58.3% | 57.1% | 59.9% | 57.7% | 55.5% | 56.8% | 55.4% | 52.5% | 50.8% | 54.1% | 49.1% | 50.4% | 56.6% | 53.3% | 56.3% | 54.4% | 53.1% | 50.0% | 54.5% | 48.2% | 52.1% | 52.2% |
Operating profit | 28,398 | 8,190 | 32,976 | 14,143 | 14,631 | 4,848 | 35,222 | 15,085 | 9,225 | 860 | 23,610 | -12,534 | 19,048 | 522 | 32,821 | 3,559 | 12,828 | -1,662 | 32,872 | 14,554 | 13,891 | 305 | 28,636 | 21,365 | 6,741 | -290 | 32,012 | 16,905 | 15,085 | 2,888 | 36,999 | 16,033 | 18,545 | -1,678 | 33,065 | 1,432 | 7,246 | -13,410 | 33,403 | 6,455 | 22,434 | 19,277 | 52,357 | 10,020 | 29,309 | 5,233 | 30,598 | 7,770 | 31,385 |
Operating margin, % | 18.9% | 8.1% | 21.0% | 11.3% | 10.4% | 4.7% | 21.2% | 10.9% | 7.1% | 0.8% | 14.7% | neg | 13.3% | 0.5% | 20.0% | 2.6% | 9.8% | neg | 17.2% | 9.5% | 8.8% | 0.2% | 15.9% | 12.5% | 3.6% | -0.2% | 15.6% | 9.9% | 8.9% | 2.1% | 18.2% | 8.1% | 9.9% | -1.2% | 14.3% | 0.7% | 4.2% | -9.1% | 14.9% | 4.0% | 12.1% | 11.8% | 21.8% | 5.5% | 12.9% | 3.2% | 12.3% | 3.9% | 12.7% |
Profit after financial items | 28,033 | 8,903 | 32,664 | 15,026 | 12,730 | 3,830 | 33,368 | 18,948 | 7,086 | 4,467 | 22,695 | -9,399 | 19,987 | 3,939 | 33,834 | 5,612 | 17,781 | -1,585 | 29,510 | 11,855 | 9,579 | -16 | 28,493 | 25,413 | 6,765 | -2,078 | 31,028 | 15,683 | 19,099 | 3,216 | 35,633 | 16,081 | 19,946 | -2,828 | 34,140 | -2,566 | 13,218 | -22,846 | 32,951 | -5,744 | 25,888 | 18,015 | 50,937 | 12,030 | 29,166 | 4,344 | 30,546 | 6,389 | 30,665 |
Profit margin, % | 18.7% | 8.9% | 20.8% | 12.0% | 9.0% | 3.7% | 20.1% | 13.7% | 5.4% | 4.2% | 14.2% | neg | 14.0% | 4.1% | 20.7% | 4.1% | 13.6% | neg | 15.4% | 7.8% | 6.1% | 0.0% | 15.8% | 14.8% | 3.6% | -1.5% | 15.1% | 9.2% | 11.3% | 2.3% | 17.5% | 8.2% | 9.6% | -2.0% | 14.8% | -1.3% | 7.7% | -15.4% | 14.7% | -3.6% | 14.0% | 11.1% | 21.2% | 6.7% | 12.9% | 2.7% | 12.3% | 3.2% | 12.4% |
Earnings per share, SEK 2 | 0.89 | 0.33 | 1.05 | 1.92 | 0.44 | 0.10 | 1.11 | 0.45 | 0.30 | 0.23 | 0.74 | -0.40 | 0.62 | 0.15 | 1.00 | 0.18 | 0.61 | -0.04 | 0.88 | 0.34 | 0.28 | -0.09 | 0.95 | 0.74 | 0.18 | -0.11 | 0.98 | 0.43 | 0.60 | 0.06 | 1.15 | 0.58 | 0.67 | -0.09 | 1.07 | -0.11 | 0.42 | -0.75 | 1.02 | 0.05 | 0.85 | 0.54 | 1.59 | 0.44 | 0.92 | 0.01 | #REF! | 0.21 | 0.99 |
Earnings per share after dilution, SEK 3 | 0.88 | 0.33 | 1.05 | 1.92 | 0.44 | 0.10 | 1.11 | 0.45 | 0.30 | 0.23 | 0.74 | -0.40 | 0.62 | 0.15 | 1.00 | 0.18 | 0.61 | -0.04 | 0.84 | 0.29 | 0.28 | -0.08 | 0.95 | 0.74 | 0.18 | -0.11 | 0.98 | 0.43 | 0.60 | 0.06 | 1.15 | 0.58 | 0.67 | -0.09 | 1.07 | -0.11 | 0.42 | -0.75 | 1.02 | 0.05 | 0.85 | 0.54 | 1.59 | 0.44 | 0.92 | 0.01 | #REF! | 0.21 | 0.99 |
Number of stores at end of period | 50 | 54 | 54 | 56 | 56 | 57 | 59 | 60 | 57 | 57 | 54 | 38 | 38 | 38 | 38 | 41 | 40 | 38 | 38 | 41 | 40 | 40 | 39 | 40 | 39 | 39 | 40 | 41 | 39 | 38 | 34 | 34 | 32 | 32 | 33 | 33 | 33 | 33 | 33 | 32 | 31 | 28 | 27 | 26 | 26 | 24 | 19 | 19 | 19 |
of which own concept stores | 10 | 12 | 13 | 15 | 14 | 13 | 13 | 17 | 17 | 17 | 16 | 17 | 17 | 17 | 17 | 18 | 18 | 17 | 18 | 21 | 21 | 21 | 20 | 20 | 33 | 33 | 34 | 35 | 34 | 34 | 30 | 30 | 29 | 29 | 30 | 30 | 30 | 30 | 30 | 29 | 28 | 25 | 24 | 23 | 23 | 21 | 18 | 18 | 18 |
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: