Releases - MQ

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Invitation to attend presentation of MQ’s third quarter results 2012/2013

MQ will announce its third quarter results (March 2013 - May 2013) on Thursday,
June 20 2013 at 07.15 CET.

A telephone conference will be held on the same day for analysts, investors and media at 09:30 CET.
Mats Gärdsell, President and CEO together with Tony Siberg, EVP and CFO will give their comments on the report and the latest developments in MQ Holding.

The presentation can also be followed via audiocast on...

MQ Holding AB - Interim report

Focus on gross margin, cash flow and product portfolio
Second quarter (December 2012-February 2013)

· Net sales amounted to SEK 396 million (422), down 6.2 percent. Sales in comparable stores fell 8.7 percent (The Swedish Retail Institute Index was down 3.0 percent).
· The gross margin was 49.5 percent (48.6).
· Operating profit totalled SEK 4 million (11), corresponding to an operating margin of 0.9...

Invitation to attend presentation of MQ’s first six months results 2012/2013

MQ will announce its first six months results (September 2012-February 2013) on Friday, March 22 at 07.15 CET.

A presentation of the report will be held on the same day in MQ’s store in Sture-gallerian, Stockholm, at 8.30 CET for analysts, investors and media. Mats Gärdsell, President and CEO and Tony Siberg, EVP and CFO will present and comment on the report and the company’s development.

Please register to...

Ownership change at MQ

A number of Swedish and Nordic institutions, together with Bengt Jaller Klädcenter AB, MQ’s second-largest owner, have today acquired 9,924,829 shares in MQ, corresponding to 28.2 percent of the company’s capital and votes.

The seller is CapMan, which has thus terminated its long-term involvement in MQ in line with its investment policy.

“As CapMan has now divested its shareholding in MQ, within its planned...

Report from MQ Holding AB’s Annual General Meeting 2013

MQ Holding AB held its Annual General Meeting on 31 January 2013 in Gothenburg. The Parent Company and the Group’s income statements and balance sheets for the fiscal year of 2011/2012 were approved at the meeting. The Meeting further passed the Board of Directors’ proposal regarding the appropriation of profits and resolved to issue a dividend of SEK 0.87 per share. The record date for distribution was established...

Summons to the Annual General Meeting of shareholders in MQ Holding AB (publ)

The Annual General Meeting of MQ Holding AB (publ) is scheduled for Thursday 31 January, 2013, at 2 pm at the company’s office, address Sankt Eriksgatan 5, Gothenburg. The entrance will open at 1.30 pm. Notice of attendance to the Annual General Meeting shall be made no later than Friday 25 January, 2013, at 4 pm.

Notification of attendance at the annual general meeting can be made by post to MQ Holding AB (publ),...

MQ Holding AB – Interim Report

A weak quarter with a stable end
On 3 December, MQ informed the market in advance of the sales result and earnings range for the first quarter. The result for the quarter was in line with this information.

First quarter (September 2012-November 2012)

· Net sales amounted to SEK 364 million (380), down 4.0 per cent. Sales in comparable stores declined 6.6 per cent (The Swedish Retail Institute Index was up...

MQ Annual Report 2011/2012

The Annual Report of MQ 2011/2012 is now available at www.mq.se for download.

The English version of the Annual Report will be available on our website in the mid-January.

For further information:
Mats Gärdsell, CEO, telephone +46 (0) 702-77 74 94
Tony Siberg, EVP and CFO, telephone +46 (0) 736-84 41 60

MQ is one of Sweden's leading branded fashion wear chains. Through a mixture of proprietary and external...

The Election Committee’s proposal regarding the board of directors etc

The Election Committee of MQ Holding AB proposes to the Annual General Meeting 2013 that it re-elects Erik Olsson, also proposed to be re-elected as chairman of the board of directors, Göran Barsby, Thomas Nyberg, Eva Redhe Ridderstad, Bengt Jaller and Christina Ståhl.

The remuneration to the members of the board of directors is proposed to be SEK 1,400,000, out of which SEK 400,000 should be allocated to the...

Invitation to attend presentation of MQ’s first quarter results 2012/2013

MQ will announce its first quarter results (September 2012 - November 2012) on Thursday, December 20, 2012 at 07.15 CET.

A telephone conference will be held on the same day for analysts, investors and media at 09:30 CET. Mats Gärdsell, President and CEO together with Tony Siberg, EVP and CFO will give their comments on the report and the latest developments in MQ Holding.

The presentation can also be followed via...