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, 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.