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BJÖRN BORG AB INTERIM REPORT JANUARY – SEPTEMBER 2021

Björn Borg
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JULY 1 – SEPTEMBER 30, 2021

  • The Group’s net sales amounted to SEK 240.1 million (224.9), an increase of 6.8 percent.
  • Net sales for own e-commerce and e-tailers amounted to SEK 85.8 million (69.8), an increase of 22.8 percent.
  • The gross profit margin was 54.4 percent (50.4).
  • Operating profit amounted to SEK 52.4 million (33.4).
  • Profit after tax amounted to SEK 40.1 million (25.8).
  • Earnings per share before and after dilution amounted to SEK 1.59 (1.02).

JANUARY 1 – SEPTEMBER 30, 2021

  • The Group’s net sales amounted to SEK 587.6 million (544.8), an increase of 7.9 percent.
  • Net sales for own e-commerce and e-tailers amounted to SEK 230.5 million (173.2), an increase of 33.1 percent.
  • The gross profit margin was 54.6 percent (51.2).
  • Operating profit amounted to SEK 94.1 million (27.2).
  • Profit after tax amounted to SEK 75.0 million (17.6).
  • Earnings per share before and after dilution amounted to SEK 2.98 (0.70).

QUOTE FROM THE CEO

“Björn Borg has never had higher profitability in a single quarter, nor have sales been higher in a single quarter and the profitability is now above SEK 100 million on rolling 12 months”, 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 EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-11-19 07:30 CET.

Attachments


Bjorn Borg Interim Report Q3 2021

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