Brief: Bjorn Borg posts Q4 operating profit, targets 1 bln SEK in sales by 2019
19/02/2015 06:30
Feb 19 (Reuters) - Bjorn Borg AB BORG.ST
* Q4 operating profit amounted to SEK 3.6 million (-12.5).
* Q4 net sales increased by 36 percent to SEK 135.3 million
* Says board of directors has decided to propose to annual
general meeting a distribution of SEK 1.50 (1.50) per share
* Says board of directors has established financial
objectives for period 2015-2019.
* Says for the financial year 2019 the group has the
objective of achieving sales of SEK 1 billion with an operating
margin of 15 percent
Source text for Eikon: ID:nWkrbr5122
Further company coverage: BORG.ST
((johannes.hellstrom@thomsonreuters.com;))