Interim report for the first half year January-June 2007


April 1 – June 30, 2007

  • Brand sales increased by 89 percent to SEK 414 million (218).
  • The Group’s net sales rose by 82 percent to SEK 87.8 million (48.4).
  • The gross profit margin amounted to 55.6 percent (56.8).
  • Operating profit rose by 143 percent to SEK 19.2 million (7.9).
  • Profit after tax increased by 130 percent to SEK 13.9 million (6.0).
  • Earnings per share increased by 116 percent to SEK 0.57
    (0.26). Calculated after dilution, earnings per share amounted to SEK 0.56 (0.26).
  • Distributions agreements were signed for the Björn Borg brand in Australia, Austria and France.

January 1 – June 30, 2007

  • Brand sales increased by 81 percent to SEK 927 million (511).
  • The Group’s net sales rose by 69 percent to SEK 206.5 million (122.6).
  • The gross profit margin amounted to 52.6 percent (51.7).
  • Operating profit rose by 121 percent to SEK 50.6 million (22.9).
  • Profit after tax increased by 116 percent to SEK 36.5 million (16.9).
  • Earnings per share increased by 106 percent to SEK 1.52
    (0.74). Calculated after dilution, earnings per share amounted to SEK 1.50 (0.73).

Upcoming information dates

Interim report January-September 2007 will be released on November 15, 2007

Year-end report 2007 will be released on February 13, 2008

For further information, please contact:

Nils Vinberg, President and CEO
Tel: +46 8 506 33 700 or +46 708 631101
nils.vinberg@bjornborg.net

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