New financial objectives for RNB RETAIL AND BRANDS
(Thomson Reuters ONE) -
Due to the group-wide change program that has been implemented and the changes
in the operation that has been executed the Board of Directors of RNB RETAIL AND
BRANDS has decided to implement new financial objectives.
The new objectives are:
· A long-term operating margin of 10 %
· A long-term sales growth of 5-10 %
· Debt/equity-ratio 0.5-1.0
For further information, please contact: Magnus Håkansson, President and Chief
Executive Officer of RNB, +46 (8) 410 520 02, +46 768 87 20 02 or e-mail:
magnus.hakansson(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.
New financial objectives for RNB RETAIL AND BRANDS :
http://hugin.info/132993/R/1558416/481482.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#1558416]
Unternehmensinformation / Kurzprofil:
Datum: 27.10.2011 - 07:03 Uhr
Sprache: Deutsch
News-ID 80750
Anzahl Zeichen: 1915
contact information:
Town:
Stockholm
Kategorie:
Business News
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"New financial objectives for RNB RETAIL AND BRANDS"
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