STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
|
|
Third quarter (March–May) |
Nine months (Sept-May) |
||||||||||||
|
2012/2013 |
2011/2012 |
Change |
2012/2013 |
2011/2012 |
Change |
|||||||||
|
Net sales, SEK million |
1 210 |
1 146 |
64 |
3 603 |
3 458 |
145 |
||||||||
|
Operating profit excluding non-recurring items, SEK million |
76 |
46 |
30 |
145 |
7 |
138 |
||||||||
|
Operating profit, SEK million |
64 |
29 |
35 |
209 |
-93 |
302 |
||||||||
|
Gross profit margin, % |
61,2 |
59,1 |
2,1 |
60,0 |
56,5 |
3,5 |
||||||||
|
Operating margin excluding non-recurring items, % |
6,3 |
4,0 |
2,3 |
4,0 |
0,2 |
3,8 |
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|
Profit after tax, SEK million |
32 |
-10 |
42 |
83 |
-184 |
267 |
||||||||
|
Earnings per share, SEK (Note 1) |
0,43 |
-1,46 |
1,89 |
1,25 |
-6,40 |
7,65 |
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|
Cash flow from operating activities, SEK million |
191 |
117 |
74 |
215 |
180 |
35 |
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- Net sales increased by 5.6 per cent for the quarter. Of this, the increase in comparable stores was 6.5 per cent.
- The gross margin improved by 2.1 percentage points.
- The equity/assets ratio increased to 47.6 per cent.
- Improved operating profit for the fourth quarter in a row.
"I am very pleased that KappAhl is reporting an improved result for the fourth quarter in a row. We continue to show growth with improved margins and reduced net debt…”
Johan Åberg, President and CEO. Read the CEO statement in the full report.
There will be a telephone conference and webcast for analysts, media and investors today at 9.00. To participate in the conference call +46 8 5055 6477 about 5 minutes before the start. The telephone conference can also be followed via a webcast at www.kappahl.com/presentations, where the webcast will also be saved for later viewing.
The information in this interim report is disclosed by KappAhl AB (publ) pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 28 June 2013 at 07.30.
KappAhl was established in 1953 and is a leading fashion chain soon with 400 stores and 4,500 employees in Sweden, Norway, Finland, Poland and the Czech Republic. KappAhl sells value-for-money fashion with a wide appeal – to women, men and children – and focuses in particular on women aged 30-50 with families. All clothes are from our own designers. KappAhl was the first fashion chain to achieve environmental certification in 1999. In the 2011/2012 financial year KappAhl's net sales were SEK 4.6 billion. KappAhl is listed on NASDAQ OMX Stockholm. More information can be found at www.kappahl.com.
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