Interim Report 1 September 2015 - 30 November 2015
Continued increase in sales and improvement in earnings
RNB RETAIL AND BRANDS´ positive profit improvement trend is continuing. For the first quarter 2015/2016, RNB reported operating income of SEK 30 M, an improvement of SEK 7 M compared to the preceding year. The first quarter 2015/2016 was the company´s seventh consecutive quarter with better sales than the market. The sales increase during the quarter for the three concepts´ comparable stores amounted to between 5 and 24 percent and to 12 percent for the Group overall.
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Wholesale Trade Research Institute (HUI)).
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Net sales totaled SEK 556 M (509), an increase of 9.3 percent.
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Operating income amounted to SEK 30 M (23).
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Operating income before depreciation/amortization for the latest 12-month period totaled SEK 103 M.
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Operating income for the latest 12-month period totaled SEK 55 M.
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Profit before tax amounted to SEK 30 M (22).
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Profit after tax amounted to SEK 30 M (22), which corresponds to SEK 0.90 (0.65) per share.
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Cash flow from operating activities was SEK 16 M (6).
For further information, please contact:
Magnus Håkansson, CEO, RNB RETAIL AND BRANDS AB, +46 8 410 520 02, +46 768 87 20 02, e-mail: magnus.hakansson@rnb.se
Kristian Lustin, CFO, RNB RETAIL AND BRANDS AB, +46 8 410 524 63, +46 768 87 24 63,
e-mail: kristian.lustin@rnb.se
The information is such that RNB RETAIL AND BRANDS AB (publ) is required to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publishing on December 17, 2015, at 07:30 a.m.
RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing, accessories, jewelry and cosmetics stores that focus on providing excellent service and a world-class shopping experience. Sales are mainly conducted in Scandinavia through the store concepts Brothers and Polarn O. Pyret, as well as through shops in the department stores NK in Stockholm and Gothenburg. RNB RETAIL AND BRANDS has operations in 12 countries. RNB RETAIL AND BRANDS has been listed on the Nasdaq Stockholm Exchange since 2001.