2015-11-06:

BJÖRN BORG AB DELÅRSRAPPORT JAN - SEP 2015

 

2015-11-06 07:30

 

STRONG QUARTER

 

1 JULY – 30 SEPTEMBER, 2015                 

  • The Group’s net sales increased by 17 percent to SEK 191.4 million (163.7). Excluding currency effects, sales rose by 8 percent.

  • The gross profit margin was 51.9 percent (52.4).

  • Operating profit amounted to SEK 32.9 million (32.8).

  • Profit after tax amounted to SEK 21.7 million (24.0).

  • Earnings per share before dilution amounted to SEK 0.88 (1.00) and after dilution amounted to SEK 0.84 (1.00).

  • 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

  • The Group’s net sales increased by 5 percent to SEK 421.7 million (403.5). Excluding currency effects, sales decreased by 3 percent.

  • The gross profit margin was 52.7 percent (52.6).

  • Operating profit amounted to SEK 44.0 million (52.4).

  • Profit after tax amounted to SEK 34.3 million (41.7).

  • Earnings per share before dilution amounted to SEK 1.45 (1.76) and after dilution amounted to SEK 1.32 (1.76).

  • 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.

  • 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