Second quarter, December 1, 2010 – February 28, 2011
- Net sales totaled SEK 772 M (822), down 6.0 percent. The negative impact from the divested operations at Steen & Ström department store is -4.6 percent. Sales in comparable proprietary stores was unchanged from previous year.
- The operating result has improved with SEK 8 M to SEK 11 M (3).
- The profit before tax amounted to SEK -7 M (-4). Unrealized results on currency futures affected the quarter negatively with SEK 10 M (-1).
- Profit after tax amounted to SEK -10 M (-3), corresponding to a profit per share of SEK -0.06 (-0.02).
- Cash flow from operating activities amounted to SEK 15 M (99).
Half-Year Report, September 1, 2010 – February 28, 2011
- Net sales totaled SEK 1 560 M (1 565), down 0.4 percent. The negative impact from the divested operations at Steen & Ström department store is -4.0 percent. Sales in comparable proprietary stores increased 3.1 percent.
- The operating result improved with SEK 22 M to SEK 58 M (36).
- The profit before tax amounted to SEK 33 M (30). Unrealized results on currency futures affected the quarter negatively with SEK 8 M (+6)
- The profit after tax amounted to SEK 24 M (22), corresponding to a profit per share of SEK 0.15 (-0.14).
- Cash flow from operating activities amounted to SEK -19 M (84).