2016-02-19
BJÖRN BORG AB BOKSLUTSKOMMUNIKÉ
JAN - DEC 2015
1 OCTOBER – 31 DECEMBER 2015
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The Group’s net sales increased by 13 percent to SEK 152.6 million (135.3). Excluding currency effects, sales rose by 7 percent.
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The gross profit margin was 51.8 percent (54.1).
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Operating profit amounted to SEK 14.6 million (3.6).
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Profit after tax amounted to SEK 7.3 million (5.9).
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Earnings per share before dilution amounted to SEK 0.34 (0.18) and after dilution amounted to SEK 0.29 (0.18).
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Brand sales* (excluding VAT) decreased by 4 percent to SEK 330 million (343). Excluding currency effects, the decrease was 3 percent.
1 JANUARY – 31 DECEMBER, 2015
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The Group’s net sales increased by 7 percent to SEK 574.3 million (538.8). Excluding currency effects, sales were unchanged.
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The gross profit margin was 52.4 percent (52.9).
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Operating profit amounted to SEK 58.6 million (56.0).
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Profit after tax amounted to SEK 41.6 million (47.6).
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Earnings per share before dilution amounted to SEK 1.79 (1.94) and after dilution amounted to SEK 1.61 (1.94).
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The Board of Directors has decided to propose to the Annual General Meeting a distribution of SEK 2.00 (1.50) per share, totaling SEK 50.3 million (37.7).
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The comparative period in 2014 includes delayed shipments, which increased revenue by about SEK 25 million and operating profit by about SEK 12 million.
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Brand sales* (excluding VAT) increased by 1 percent to SEK 1,443 million (1,431). Excluding currency effects, brand sales were down 1 percent.
QUOTE FROM THE CEO
“In summing up 2015 we can report that Björn Borg improved all the key indicators in the business plan: retail sales, employee engagement, operating profit and revenue,” said CEO Henrik Bunge.
For further information, please contact:
Henrik Bunge, CEO, telephone +46 8 506 33 700
Daniel Grohman, CFO, telephone +46 8 506 33 700