Children's clothing & lingerie develops satisfactorily in Q2 - Lindex CEO
29 Mar '07
3 min read
- Operating profit excluding forecast closure costs relating to the German operation amounted to SEK 107M (148). - Operating profit including forecast closure costs of SEK 90M amounted to SEK 17M (148). Profit after financial items amounted to SEK 13M (151). The EBITA result in the Group amounted to SEK 17M (148). - The operating margin including forecast closure costs amounted to 1.3 (11.6) per cent and the gross margin to 58.5 (58.6) per cent. The EBITA margin in the Group amounted to 1.3 (11.6) per cent. - The result after tax amounted to SEK -17M (105), equivalent to SEK -0.20 (1.50) per share.
The CEO comments: "Children's Clothing and Lingerie have developed satisfactorily. Regarding Ladies' Wear, however, the development has not been satisfactory.”
“As a result of delays of several deliveries from some of our biggest purchasing markets we did not have sufficient spring fashion in the stores during January. Since the middle of February the stores have been well-stocked with spring fashion and our product range has been positively received by our customers."
marketing@alchempro.com
