Lindex Interim Report First Quarter 2002_2003

Lindex Interim Report for the first quarter 1 September 2002-30 November 2002 Lindex's deficit in Germany continues to reduce · Sales for the first quarter increased by 6.0 per cent (9.7) to SEK 1,365M (1,287) but developed less positively than the market. · The gross margin was strengthened during the first quarter and increased to 59.6 per cent (56.4) · Profit after financial items fell to SEK 80M (101) and operating profit fell to SEK 82M (97). The profit was charged with one-off costs amounting to SEK 10M. · The cash flow from current operations increased to SEK 199M (197). · Continued result improvements in Germany. An additional two stores achieved break-even. The Lindex Group comprises two retail chains: Lindex with 317 stores in the Nordic market and 33 stores in Germany, and Twilfit with 58 stores in Sweden of which 10 are operated as franchise stores. The Group's business 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 70-594 21 22 Peter Andersson, Chief Financial Officer Tel: +46 322-778 50 Mobile: +46 70-584 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/2003/01/16/20030116BIT00310/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/01/16/20030116BIT00310/wkr0002.pdf The full report