Lingerie specialist Lindex strongest quarter so far
15 Sep '07
3 min read
Our passion is to inspire women to look and feel great.
• The Lindex Group's sales, excluding the closed German operation, increased by 9.9 per cent in total to SEK 1,369M (1,247). Excluding the German operation, same store sales increased by 6.8 per cent. Excluding the currency effect, the increase was 8.4 per cent. Including the German operation, total sales increased by 6.4 per cent to SEK 1,393M (1,309).
• The EBITA result, excluding the German operation, amounted to SEK 204M, equivalent to an EBITA margin of 14.9 per cent. Including Germany, the EBITA result increased to SEK 183M (144), equivalent to an EBITA margin of 13.1 (11.0) per cent.
• Profit after financial items, including the German operation, increased by 25 per cent during the quarter and amounted to SEK 180M (144).
• Profit after tax increased to SEK 123M (104), equivalent to SEK 1.80 (1.50) per share.
• The German operation was closed during the quarter. The total cost for the closure amounted to SEK 91M, of which SEK 1M is charged to the quarter. A provision of SEK 90M was made in the second quarter.
• The operating loss in the German operation amounted to SEK -20M. 1 September 2006-31 August 2007
• The Lindex Group's sales, excluding the closed German operation, increased by 3.1 per cent to SEK 5,084M (4,932). Excluding the German operation, same store sales, excluding the currency effect, increased by 1.8 per cent. Including the German operation, total sales increased by 1.2 per cent to SEK 5,275M (5,212).
marketing@alchempro.com
