Interim report nine months

INTERIM REPORT NINE MONTHS 1 September 1998 - 31 May 1999 SALES INCREASED BY 12 PER CENT * Sales in the first nine months of the financial year increased by 12.1 per cent to SEK 2,685M (2,396). Lindex continued to take market shares on all geographic markets. * Same-store sales rose by 5.9 per cent (2.8). * Operating profit increased to SEK 195M (168) and profit after financial items to SEK 201M (165). * During the period, the charge to profit for establishing Lindex's fourth market, Germany, amounted to SEK 54M (25) and is expected to amount to approximately SEK 75M for the 1998/99 financial year. During the period, a dissolution of SEK 3M was made of the provision for synthetic options (in the previous year, a provision of SEK 28M was made). * In the third quarter of the financial year, sales increased by 15 per cent. Operating profit amounted to SEK 50M (17) and profit after financial items to SEK 53M (16). * In total, 19 (22) new stores were opened during the first nine months of the financial year. An additional 5 stores will be opened during the remaining part of the financial year. * During the period, September 1998 - May 1999, 4 stores were opened in Germany. As at 31 May 1999, there were 8 Lindex stores in Germany and an additional 3 stores will be opened during the 1998/99 financial year. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/07/01/19990701BIT00470/bit0001.doc The full report http://www.bit.se/bitonline/1999/07/01/19990701BIT00470/bit0002.pdf The full report