Nelly Group

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About Nelly GroupNelly is one of the Nordic region's strongest fashion brands for young women. The core is the own brand in combination with digital sales directly to our target group. Nelly has created a strong commitment through a distinct sense for fashion and digital marketing. The company has 2.1 million customers and sales of SEK 1.4 billion per year. Nelly Group was previously called Qliro Group. Nelly Group is listed on Nasdaq Stockholm in the mid-cap segment with the short name "NELLY".

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38% YEAR ON YEAR SALES GROWTH IN THE SECOND QUARTER

Wed, Jul 18, 2012 13:00 CET

CDON Group AB (NASDAQ OMX Stockholm’s Mid Cap market: CDON) today announced its financial results for the second quarter and first half of the year, the period 1 January – 30 June 2012.Second Quarter · Net sales up 38% year on year to SEK 952.1 (689.1) million and organic growth of 25%* · Gross profit of SEK 109.0 (126.4) million with a gross margin of 11.4%; when excluding non-recurring items of SEK -33,9 million the gross margin is 15.0%** · Operating profit of SEK -43.5 (19.1) million and operating margin of -4.6%; when excluding non-recurring items of SEK -37.7 million the

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38% YEAR ON YEAR SALES GROWTH IN THE SECOND QUARTER