Lindex's profit after financial items increased by 18 per cent

SIX-MONTH REPORT 1 September 1999 - 29 February 2000 Profit after financial items increased by 18 per cent * Lindex's sales in the first six months of the financial year increased by 13.4 per cent to SEK 2,073M (1,829). Same-store sales rose by 5.2 per cent (4.3). New stores contributed a sales increase of 8.2 per cent (6.3). * Lindex continues to take market shares on all geographic markets. * In the same period, operating profit rose to SEK 161M (145), whereas profit after financial items increased by 17.9 per cent and amounted to SEK 175M (148). Profit after financial items in the Nordic countries rose by 23.8 per cent and amounted to SEK 220M (177). * In the second quarter of the financial year, profit after financial items increased by 37.5 per cent and amounted to SEK 96M (69). Profit after financial items in the Nordic countries for the same period rose by 49.2 per cent to SEK 111M (73). * Lindex has decided to introduce e-commerce with a planned start in Sweden not later than spring 2001. * A first Lindex store in Germany achieved break-even in the second quarter of the financial year. The sales increase for same-stores in Germany in the same period was 25 per cent. * In total, 15 (12) new stores were opened during the first six months of the financial year, of which 6 (3) in Germany. * Lindex opens purchasing offices in India and South Korea. Future information dates Interim Report for the first nine months of the 1999/2000 financial year will be published on 29 June 2000. Preliminary Accounts Report for the 1999/2000 financial year will be published on 16 October 2000. For further information, please contact: Hans Johansson, President and CEO Telephone: 30 March (5-6 p.m.): +46 31- 751 58 21,thereafter + 46 322 777 02 Leif Larsson, Executive Vice President Telephone: 30 March: +46 31-751 58 19, thereafter + 46 322 777 34 Lindex is a retail chain with 315 stores, of which 295 on the Nordic market and 20 stores in Germany. The Group's product segments are ladies' wear, lingerie, children's clothing and Lindex Care - cosmetics and body care products. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/30/20000330BIT00640/bit0001.doc Full report http://www.bit.se/bitonline/2000/03/30/20000330BIT00640/bit0002.pdf Full report