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BJÖRN BORG AB INTERIM REPORT JANUARY – JUNE 2021

Björn Borg
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APRIL 1 – JUNE 30, 2021

  • The Group’s net sales amounted to SEK 162.8 million (148.0), an increase of 10.0 percent.
  • Net sales for own e-commerce amounted to SEK 22.8 million (20.3), an increase of 12.6 percent. Net sales for own e-commerce and e-tailers amounted to SEK 61.3 million (47.7), an increase of 28.5 percent.
  • The gross profit margin was 56.3 percent (49.1).
  • Operating profit amounted to SEK 19.3 million (–13.4).
  • Profit after tax amounted to SEK 13.5 million (–18.8).
  • Earnings per share before and after dilution amounted to SEK 0.54 (–0.75).

JANUARY 1 – JUNE 30, 2021

  • The Group’s net sales amounted to SEK 347.5 million (319.9), an increase of 8.6 percent.
  • Net sales for own e-commerce amounted to SEK 47.2 million (37.7), an increase of 25.0 percent. Net sales for own e-commerce and e-tailers amounted to SEK 146.0 million (104.0), an increase of 40.4 percent.
  • The gross profit margin was 54.7 percent (51.8).
  • Operating profit amounted to SEK 41.7 million (–6.2).
  • Profit after tax amounted to SEK 34.9 million (–8.2).
  • Earnings per share before and after dilution amounted to SEK 1.39 (–0.33).

QUOTE FROM THE CEO

“The second quarter of 2021 was our best second quarter in the company’s history. We have never sold more and we have never been more profitable”, commented CEO Henrik Bunge.
  

For further information, please contact


Henrik Bunge, CEO
Email: henrik.bunge@bjornborg.com
Tel: +46 70 234 76 20

Jens Nyström, CFO
Email: jens.nystrom@bjornborg.com
Phone: +46 85 06 337 00

About Björn Borg


The Group owns the Björn Borg trademark and its core business is underwear, sportswear and bags. It also offers footwear and eyewear through licensees. Björn Borg products are sold in around twenty markets, of which Sweden and the Netherlands are the largest. The Björn Borg Group has operations at every level from branding to consumer sales in its own Björn Borg stores. Group net sales amounted to around SEK 705 million in 2020, with an average of 192 employees. The Björn Borg share has been listed on Nasdaq Stockholm since 2007.

This information is information that Björn Borg AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-08-20 07:30 CEST.

Attachments


Bjorn Borg Interim Report Q2 2021

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