Excluding Germany, the total sales during the fourth quarter of 2007 are expected to increase by 10 per cent and sales in like-to-like stores, are expected to increase with 7 per cent in comparison with the previous year.
The gross margin for the fourth quarter, excluding Germany, is expected to exceed last year's level and the EBITA margin is expected to exceed 14 per cent.
Final accounts and the Lindex result 06/07 will, as previously stated, be brought forward on September 14, 2007.
Lindex Board of Directors and Executive Management foresee annual growth (in sales) of 6-9 per cent over the next two years.
After closing down the business in Germany, Lindex target is to annually establish 20-25 stores, of which half of them in the Nordic countries,
Lindex inspires women and their children with coordinated, high-value fashions. Lindex is one of Northern Europe's largest fashion chains with around 350 stores in Sweden, Norway, Finland, Estonia, Lithuania and Latvia. Lindex's product areas are women's lingerie, women's wear, children's wear and cosmetics.
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