HEMTEX THIRD-QUARTER REPORT, MAY 1, 2006 – JANUARY 31, 2007
Profit after tax increased by 29%
Nine months (May 2006 – January 2007)
• Net sales increased to SEK 1,147.8 M (904.1), up 27% from the year-earlier period. The increase for the Group’s comparable stores was 1% (12).
• Profit after tax totaled SEK 146.0 M (112.8). Earnings per share before dilution rose to SEK 5.21 (4.15).
• The Group acquired 29 franchise stores in the Hemtex chain and established 29 new stores.
Third quarter (November 2006 – January 2007)
• Net sales rose to SEK 501.2 M (378.2), up 33% from the year-earlier period. Sales for the Group’s comparable stores decreased by 1% (+14).
• Profit after tax amounted to SEK 80.4 M (60.1). Earnings per share before dilution rose to SEK 2.87 (2.14).
• The Group acquired 12 franchise stores in the Hemtex chain and established 13 new stores.