Interim report 1 September 2012 - 28 February 2013

Second quarter, December 1, 2012 – February 28, 2013

  • Net sales totaled SEK 702 M (754), down by 6.9 percent.

  • Write-down of JC-trademark has been made with SEK 260 M.

  • The operating result amounted to SEK -28 M (-25) excluding write-down of JC-trademark with SEK 260 M.

  • The profit before tax amounted to SEK -41 M (-42), excluding write-down of JC-trademark with SEK 260 M.

  • Profit after tax amounted to SEK -300 M (-20), corresponding to a profit per share of SEK -1.81 (-0.12). Profit after tax includes a write-down of JC-trademark with SEK 203 M.

  • Cash flow from operating activities amounted to SEK 15 M (37).

Half-Year report, September 1, 2012 – February 28, 2013

  • Net sales totaled SEK 1.370 M (1.508), down by 9.2 percent.

  • Write-down of JC-trademark has been made with SEK 260 M.

  • The operating profit amounted to SEK -29 M (-40), excluding write-down of JC-trademark with SEK 260 M.

  • The profit before tax amounted to SEK -51 M (-60), excluding write-down of JC-trademark with SEK 260 M.

  • Profit after tax amounted to SEK -311 M (-47), corresponding to a profit per share of SEK -1.88 (-0.28). Profit after tax includes a write-down of JC-trademark with SEK 203 M.

  • Cash flow from operating activities amounted to SEK -41 M (21).

For further information, please contact:

Magnus Håkansson, CEO, RNB RETAIL AND BRANDS,
+46 8 410 520 02, +46 768 87 20 02, e-mail:  magnus.hakansson@rnb.se

Stefan Danieli, CFO, RNB RETAIL AND BRANDS,
+46 8 410 522 25, +46 768 87 22 25, e-mail: stefan.danieli@rnb.se

RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing, accessories, jewelry and cosmetics stores that focus on providing excellent service and a world-class shopping experience. Sales are mainly conducted in Scandinavia through the three store concepts Brothers & Sisters, JC and Polarn O. Pyret, as well as through shops in the department stores NK in Stockholm and Gothenburg. RNB RETAIL AND BRANDS has operation in 11 countries. RNB RETAIL AND BRANDS has been listed on the OMX Nordic Exchange since 2001.

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About Us

RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing, accessories, jewelry and cosmetics stores that focus on providing excellent service and a world-class shopping experience. Sales are mainly conducted in Scandinavia through the three store concepts Brothers & Sisters, JC and Polarn O. Pyret, as well as through shops in the department stores NK in Stockholm and Gothenburg. RNB RETAIL AND BRANDS has operation in 11 countries. RNB RETAIL AND BRANDS has been listed on the OMX Nordic Exchange since 2001.