Second quarter, December 1, 2009 – February 28, 2010
- Net sales totaled SEK 822.0 M (914.5), down 10.2%, currency effects -3.6%. Sales in comparable proprietary stores declined 4.2%.
- The operating result has improved with SEK 91.7 M to SEK 2.8 M (-588.9 including goodwill write-down of SEK 500 M). Loss before tax amounted to SEK -4.0 M ( -598.5).
- Loss after tax amounted to SEK -3.4 M (-572.2), corresponding to a loss per share of SEK -0.02 (-5.01).
- Cash flow from operating activities amounted to SEK 99.0 M (42.8).
- The Board of Directors of RNB RETAIL AND BRANDS has entered into an agreement concerning the divestment of its operations at the Steen & Ström department store in Oslo.
Half-Year Report, September 1, 2009 – February 28, 2010
- Net sales totaled SEK 1 565.2 M (1 698.0), down 7.8%, currency effects -1.6%. Sales in comparable proprietary stores declined 2.4%.
- The operating result improved with SEK 85 M to SEK 36.3 M (-548.7 including goodwill write-down of SEK 500 M). The profit before tax amounted to SEK 30.1 M (-575.8).
- The profit after tax amounted to SEK 21.8 M (-555.6), corresponding to a profit per share of SEK 0.14 (-4.87).
- Cash flow from operating activities amounted to SEK 83.9 M (-126.9).
- RNB has entered into an agreement concerning the divestment of its operations at the Steen & Ström department store in Oslo.
- RNB implemented a private placement to Konsumentföreningen Stockholm and a rights issue to existing shareholders that provided the company with about SEK 315 M before issue costs.