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Lindex updates interim results for Q3

26 Jun '07
3 min read

First nine months 2006/2007 (1 September 2006-31 May 2007)
• The Lindex Group's sales amounted to SEK 3,882M (3,903), equivalent to a change of -0.5 (1.1) per cent. Same store sales excluding the currency effect fell by 1.4 (+3.4) per
• Excluding the German operation, the Lindex Group's sales rose to SEK 3,715M, equivalent to an increase of 0.8 per cent. Same store sales excluding the currency effect fell by 0.4 per cent.
• Operating profit amounted to SEK 292M (454). Profit after financial items amounted to SEK 281M (456). The EBITA result amounted to SEK 292M (454). During the second quarter, the result was charged with one-off structural costs of SEK 90M for the closure of the German operation.
• The operating margin amounted to 7.5 (11.6) per cent and the gross margin to 59.8 (60.0) per cent. The EBITA margin amounted to 7.5 (11.6) per cent.
• Profit after tax amounted to SEK 180M (400), equivalent to SEK 2.60 (5.80) per share.

Third quarter 2006/2007 (1 March 2007-31 May 2007)
• The Lindex Group's sales rose to SEK 1,328M (1,322), equivalent to an increase of 0.5 (6.6) per cent. Same store sales excluding the currency effect fell by 0.7 (+8.7) per cent.
• Excluding the German operation, the Lindex Group's sales rose to SEK 1,274M, equivalent to an increase of 2.5 per cent. Same store sales excluding the currency effect increased by 0.8 per cent.
• Operating profit amounted to SEK 143M (146). Profit after financial items amounted to SEK 138M (145). The EBITA result amounted to SEK 143M (146).

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