Year-end report 1 September 2008 – 31 August 2009

Fourth quarter, June 1, 2009 – August 31, 2009

  • Net sales totaled SEK 813.4 M (871.5), down 6.7%. Sales in comparable proprietary stores declined 2.3%.
  • The operating result amounted to a loss of SEK 51.2 M (loss: 50.4) was reported. The loss after net financial items amounted to SEK 57.9 M (loss: 64.3).
  • The loss after tax amounted to SEK 43.0 M (loss: 78.8), corresponding to a loss per share of SEK 0.38 (loss: 1.38).
  • Cash flow from operating activities amounted to SEK 5.2 M (44.0).

The interim-report period September 1, 2008 – August 31, 2009

  • Net sales totaled SEK 3,207.3 M (3,426.2), down 6.4%. Sales in comparable proprietary stores declined by 3.2%.
  • The operating result excluding goodwill amounted to a loss of SEK 136.0 M (profit: 1.8). Including goodwill impairment totaling SEK 500 M in the second quarter, the operating result amounted to a loss of SEK 636.0 M. The loss after net financial items was SEK 688.6 M (profit: 51.8).
  • The loss after tax was SEK 662.8 M (loss: 63.2), corresponding to a loss of SEK 6.12 per share (loss: 1.11).
  • Cash flow from operating activities was a negative SEK 103.9 M (pos: 4.8).

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About Us

RNB RETAIL AND BRANDS owns, operates and develops fashion wear, ready-to-wear clothing, accessories, jewelry and cosmetics stores and e-commerce that focus on providing excellent service and a world-class shopping experience. Sales are conducted through the concepts Brothers, Departments & Stores, Man of a kind and Polarn O. Pyret. The Group has more than 260 stores and e-commerce platforms in 10 countries. RNB RETAIL AND BRANDS is listed on Nasdaq Stockholm (RNBS).