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Lindex sales up by 1.2%

03 Oct '07
2 min read

The financial year September-August 2006/2007:

• The Lindex Group's sales, excluding the closed German operation, increased by 3.1 per cent to SEK 5,084M (4,932). Same store sales, excluding the German operation and 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).

• The operating margin amounted to 9.0 (11.5) per cent and the gross margin to 59.2 (59.0) per cent.

• The EBITA result, excluding the closed German operation, amounted to SEK 608M (627), equivalent to an EBITA margin of 12.0 per cent.

• Profit after tax, including the German operation, amounted to SEK 303M (504), equivalent to SEK 4.40 (7.30) per share.

Fourth quarter 2006/2007 (1 June 2007–31 August 2007):

• 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 operating margin amounted to 13.1 (11.0) per cent and the gross margin to 57.5 (56.1) per cent.

• The EBITA result, excluding the German operation, amounted to SEK 204M, equivalent to an EBITA margin of 14.9 per cent. Including the German operation, the EBITA result amounted to SEK 183M (144), equivalent to an EBITA margin of 13.1 (11.0) per cent.

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