BJÖRN BORG AB INTERIM REPORT JANUARY – SEPTEMBER 2014

JULY 1 – SEPTEMBER 30, 2014

  • The Group’s net sales increased by 2 percent to SEK 163.7 million (160.2). Excluding currency effects, sales were unchanged.
  • The gross profit margin was 52.4 percent (51.8).
  • Operating profit amounted to SEK 32.8 million (23.6).
  • Profit after tax amounted to SEK 24.0 million (15.5).
  • Earnings per share before and after dilution amounted to SEK 1.00 (0.74).

JANUARY 1 – SEPTEMBER 30, 2014

  • The Group’s net sales increased by 2 percent to SEK 403.5 million (396.8). Excluding currency effects, sales were unchanged.
  • The gross profit margin was 52.6 percent (51.3).
  • Operating profit amounted to SEK 52.4 million (33.7).
  • Profit after tax amounted to SEK 41.7 million (24.9).
  • Earnings per share before and after dilution amounted to SEK 1.76 (1.26).

QUOTE FROM THE CEO

“The highlights of the third quarter were our participation in Fashion Week Stockholm, solid profitability growth and good growth in our e-commerce”, said Henrik Bunge, CEO of Björn Borg.

  
For further information, please contact:

Henrik Bunge, CEO, telephone +46 8 506 33 700
Magnus Teeling, CFO, telephone +46 8 506 33 700

Björn Borg is required to make public the information in this interim report in accordance with the Securities Market Act.
The information was released for publication on November 17, 2014 at 7:30 am (CET).

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About Us

ABOUT BJÖRN BORG: The Group owns the Björn Borg trademark and its core business is underwear and sportswear. It also offers footwear, bags and eyewear through licensees. Björn Borg products are sold in around twenty markets, of which Sweden and the Netherlands are the largest. The Björn Borg Group has operations at every level from branding to consumer sales in its own Björn Borg stores. Total sales of Björn Borg products in 2016 for about SEK 1,6 billion, excluding VAT, at consumer level. Group net sales amounted to SEK around 632 MSEK in 2016, with an average of 133 employees. The Björn Borg share has been listed on NASDAQ Stockholm since 2007.

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