Lindex Group Six- Month Report 2001/2002

LINDEX GROUP SIX-MONTH REPORT 1 September 2001 - 28 February 2002 Continued Profit growth · The implementation of the action programme was successful and made a significant impact on the cash flow and gross profit margin. · The cash flow from current operations improved by SEK 524M (-221) to SEK 461M (-63). · The gross profit margin increased to 54.6 per cent (49.4). · Operating profit increased to SEK 159M (37) and profit after financial items rose to SEK 176M (46). Profit after financial items in the Nordic countries increased to SEK 249M (128). · Inventories amounted to SEK 766M and were thus SEK 210M lower than in the previous year. · Lindex spring collection 2002 was positively received in all markets. · In November 2001, the Board of Directors decided to acquire the Twifit retail chain. The Competition Authority approved the acquisition in January 2002. · Lindex consists of two retail chains: Lindex with 353 stores of which 319 are in the Nordic market and 34 stores in Germany, and Twilfit with 61 stores in Sweden of which 13 are operated as franchise stores. The Group's product areas are Ladies' Wear, Lingerie and Children's Clothing. For further information, please contact: Jörgen Johansson, President and CEO Tel: +46 322-777 02 Mobile: +46 705-94 21 22 Peter Andersson, Chief Financial OfficerTel: +46 322-778 50 Mobile: +46 705-84 44 37 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/03/19/20020319BIT00520/wkr0001.doc The full report http://www.waymaker.net/bitonline/2002/03/19/20020319BIT00520/wkr0002.pdf The full report