• The operating margin amounted to 10.8 (11.0) per cent. The gross margin was on a par with the previous year, i.e. 60.7 (60.7) per cent. The EBITA margin amounted to 10.8 (11.0) per cent. • Profit after tax amounted to SEK 100M (107), equivalent to SEK 1.40 (1.60) per share.
The CEO comments: "During the quarter, we continued our long-term work aimed at improving product supply and further strengthening the product range. We have also focused extensively on cost control and the closure of our German operation."
"During the quarter, we started e-commerce in Sweden and we are very satisfied with the favourable reception this sales channel has enjoyed. The interest shown by customers has exceeded our expectations. As a result we are accelerating our e-commerce activities and we also expect to start e-commerce on additional markets during autumn 2008."
"We have also established a successful first operation in Lithuania. Lindex currently has stores in all the Baltic countries and is now an established fashion brand. We expect to have a total of around 25 stores in the three Baltic States at the end of the 2008/2009 financial year."
marketing@alchempro.com
