2015-11-06:
BJÖRN BORG AB DELÅRSRAPPORT JAN - SEP 2015
2015-11-06 07:30
STRONG QUARTER
1 JULY – 30 SEPTEMBER, 2015
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The Group’s net sales increased by 17 percent to SEK 191.4 million (163.7). Excluding currency effects, sales rose by 8 percent.
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The gross profit margin was 51.9 percent (52.4).
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Operating profit amounted to SEK 32.9 million (32.8).
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Profit after tax amounted to SEK 21.7 million (24.0).
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Earnings per share before dilution amounted to SEK 0.88 (1.00) and after dilution amounted to SEK 0.84 (1.00).
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Brand sales* (excluding VAT) increased by 5 percent to SEK 473 million (452). Excluding currency effects, the increase was 4 percent.
1 JANUARY – 30 SEPTEMBER, 2015
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The Group’s net sales increased by 5 percent to SEK 421.7 million (403.5). Excluding currency effects, sales decreased by 3 percent.
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The gross profit margin was 52.7 percent (52.6).
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Operating profit amounted to SEK 44.0 million (52.4).
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Profit after tax amounted to SEK 34.3 million (41.7).
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Earnings per share before dilution amounted to SEK 1.45 (1.76) and after dilution amounted to SEK 1.32 (1.76).
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The comparative period in 2014 includes delayed shipments, which increased revenue for the first nine months by about SEK 25 million and operating profit by about SEK 12 million.
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Brand sales* (excluding VAT) increased by 2 percent to SEK 1,113 million (1,088). Excluding currency effects, brand sales were unchanged year-on-year.
QUOTE FROM THE CEO
“In total Björn Borg’s sales increased in the third quarter by 17 percent compared with the same quarter in 2014. From a historical standpoint I would note that this made the third quarter the company’s best ever in terms of sales,” 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