YEAR-END REPORT, MAY 1, 2007 – APRIL 30, 2008

Operating profit amounted to SEK 141.1 M

Fiscal year (May 2007–April 2008)

• Net sales amounted to SEK 1,608.3 M (1,470.5), up 9.4% compared with the preceding year. Sales in the Group’s comparable stores decreased by 4% (increase: 2).
• Profit after tax amounted to SEK 96.5 M (159.5). Earnings per share before dilution amounted to SEK 3.31 (5.69).
• The Group established 20 new stores (33).
• The Board of Directors proposes a dividend of SEK 2.65 (4.85) per share and supplement the financial goals.

Fourth Quarter (February 2008–April 2008)

• Net sales amounted to SEK 324.2 M (322.7), up 0.5 % from the preceding year. Sales in the Group’s comparable stores decreased by 5% (increase: 5).
• Profit after tax amounted to SEK -23.6 M (13.5). Earnings per share before dilution amounted to SEK -0,80 (0,48).
• The Group established 1 new store (4).
• Inventories are at planned level on April 30