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Interim report 1 September 2012 - 30 November 2012

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First quarter, September 1, 2012 – November 30, 2012

  • Net sales totaled SEK 668 M (754), down by 11.4 percent. In the first quarter of the previous year, sales from the now closed down operations in Norway and Denmark were included by a total of SEK 37 M. Sales in comparable proprietary stores declined by 4.8 percent during the quarter.
  • The operating profit improved by SEK 14 M and amounted to SEK -1 M (-15). In the previous year’s quarter 1 result, losses from the operations in Norway (JC) and Denmark (Dept Stores) were included with SEK 39 M and SEK 4 M respectively.
  • The profit before tax amounted to SEK -11 M (-18). Unrealized results on currency futures affected the quarter with SEK 3 M (6).  
  • Profit after tax amounted to SEK -11 M (-28), corresponding to a profit per share of SEK -0.06 (-0.17).
  • Cash flow from operating activities amounted to SEK -57 M (-16).

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2012-2013

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