Interim report September 1, 2010 - November 30, 2010
(Thomson Reuters ONE) -
First quarter, September 1, 2010 - November 30, 2010
· Net sales totaled SEK 787 M (743), up 5.9 percent. The negative
impact from the divested operations at Steen & Ström department store is -3.4
percent. Sales in comparable proprietary stores increased 6.3 percent.
· The operating result has improved with SEK 13 M to SEK 47 M (33)
which includes cost for the closedown of the operations at Illum Kids in january
2011 with SEK 3 M.
· The profit before tax amounted to SEK 41 M (34). The measurement of
forward contracts at fair value had a positive impact of SEK 2 M (last year +6)
on net financials.
· Profit after tax amounted to SEK 34 M (25), corresponding to a profit
per share of SEK 0.20 (0.17).
· Cash flow from operating activities amounted to SEK -35 M (-15).
Events after the end of the period
· The Board of Directors of RNB RETAIL AND BRANDS have appointed Magnus
Håkansson as the new President and Chief Executive Officer of the company
For further information, contact:
Mikael Solberg, CEO, RNB RETAIL AND BRANDS, +46 8 410 520 20, +46 768 87 20 20,
mikael.solberg(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 and Illum in Copenhagen. RNB RETAIL AND BRANDS has operation in 11
countries. RNB RETAIL AND BRANDS has been listed on the OMX Nordic Exchange
since 2001.
Interim report September 1, 2010 ? November 30, 2010:
http://hugin.info/132993/R/1480622/416088.pdf
This announcement is distributed by Thomson Reuters on behalf of
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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#1480622]
Unternehmensinformation / Kurzprofil:
Datum: 19.01.2011 - 07:01 Uhr
Sprache: Deutsch
News-ID 50549
Anzahl Zeichen: 2840
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Interim report September 1, 2010 - November 30, 2010"
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