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Published: 2022-05-19 17:30:00 CEST
Björn Borg AB
Interim report (Q1 and Q3)

BJÖRN BORG AB INTERIM REPORT JANUARY - MARCH 2022

JANUARY 1 – MARCH 31, 2022

  • The Group’s net sales amounted to SEK 226.6 million (184.7), an increase of 22.7 percent.
  • Net sales for own e-commerce and e-tailers amounted to SEK 91.2 million (85.6), an increase of 6.6 percent.
  • The gross profit margin was 50.0 percent (53.3).
  • Operating profit amounted to SEK 29.3 million (22.4), an increase of 30.8 percent.
  • Profit after tax amounted to SEK 23.1 million (21.3), an increase of 8.5 percent.
  • Earnings per share before and after dilution amounted to SEK 0.92 (0.85).


QUOTE FROM THE CEO

“2022 began very strongly with 22.7 percent growth compared with the previous year, and I can see that our momentum from 2021 has continued into 2022”, commented CEO Henrik Bunge.
  

For further information, please contact:

Jens Nyström, CFO
Email: jens.nystrom@bjornborg.com
Phone: +46 8 506 33 700

Henrik Bunge, CEO
Email: henrik.bunge@bjornborg.com
Phone: +46 8 506 33 700

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 768.2 million in 2021, with an average of 162 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 2022-05-19 17:30 CEST.


Bjorn Borg Interim Report Q1 2022.pdf
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