Interim report September 1, 2011 - May 31, 2012
(Thomson Reuters ONE) -
Third quarter, March 1, 2012 - May 31, 2012
· Net sales totaled SEK 613 M (675), down 9.2 percent. Sales in
comparable proprietary stores declined 1.8 percent during the quarter.
· The operating profit, excluding last year's write-down of goodwill and
trademark of SEK 431 M, improved by SEK 68 M and amounted to SEK -34 M (102).
· JC's operations in Norway which has been closed, have had a negative
impact on operating profit with SEK -8 M (-44).
· The operating profit, excluding JC's operations in Norway and
excluding last year's write-down of goodwill and trademark (431 M), improved by
SEK 31 M and amounted to SEK -26 M (-57).
· The profit before tax amounted to SEK -42 M (-105 excluding write-down
of goodwill and trademark). Excluding JC's operations in Norway the profit
amounted to SEK -34 M (-61). Unrealized results on currency futures affected the
quarter with SEK 5 M (3).
· Profit after tax amounted to SEK -32 M (-452), corresponding to a
profit per share of SEK - 0.19 (-2.73).
· Cash flow from operating activities amounted to SEK -13 M (-47).
The interim-report period, September 1, 2011 - May 31, 2012
· Net sales totaled SEK 2 121 M (2 235), down 5.1 percent. Sales in
comparable proprietary stores declined 1.7 percent.
· The operating profit, excluding last year's write-down of goodwill and
trademark of SEK 431 M, declined SEK 30 M and amounted to SEK -74 M (-44).
· JC's operations in Norway which has been closed, have had a negative
impact on profit with SEK -63 M (-57).
· The operating profit, excluding JC's operations in Norway and
excluding last year's write-down of goodwill and trademark (SEK 431 M), amounted
to SEK -11 M (13).
· The profit before tax amounted to SEK -101 M (-71 excluding write-down
of goodwill and trademark). Excluding JC's operations in Norway the profit
amounted to SEK -39 M (-14). Unrealized results on currency futures affected the
quarter with SEK 6 M (-5).
· Profit after tax amounted to SEK -79 M (-428), corresponding to a
profit per share of SEK - 0.48 (-2.58).
· Cash flow from operating activities amounted to SEK 8 M (-67).
For further information, contact:
Magnus Håkansson, CEO, RNB RETAIL AND BRANDS,
+46 8 410 520 02, +46 768 87 20 02, magnus.hakansson(at)rnb.se
Gunnar Bergquist, CFO, RNB RETAIL AND BRANDS,
+46 8 410 520 01, +46 768 87 20 01, e-mail: gunnar.bergquist(at)rnb.se
RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing,
accessories, jewelry and cosmetics stores that focus on providing excellent
service and a world-class shopping experience. Sales are mainly conducted in
Scandinavia through the three store concepts Brothers & Sisters, JC and Polarn
O. Pyret, as well as through shops in the department stores NK in Stockholm and
Gothenburg. RNB RETAIL AND BRANDS has operation in 10 countries. RNB RETAIL AND
BRANDS has been listed on the OMX Nordic Exchange since 2001.
Interim report September 1, 2011 ? May 31, 2012:
http://hugin.info/132993/R/1622258/518466.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: RNB Retail and Brands AB via Thomson Reuters ONE
[HUG#1622258]
Unternehmensinformation / Kurzprofil:
Datum: 27.06.2012 - 07:01 Uhr
Sprache: Deutsch
News-ID 160295
Anzahl Zeichen: 4100
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Interim report September 1, 2011 - May 31, 2012"
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