Brief: Björn Borg Prelim Q2 Operating Profit Up At SEK 32.7 Mln

Bjorn Borg AB

16/07/2021 07:10

July 16 (Reuters) - Bjorn Borg AB  BORG.ST :
    * RESULT FOR THE SECOND QUARTER WILL SIGNIFICANTLY EXCEED MARKET EXPECTATIONS
    * OPERATING PROFIT FOR Q2 2021 IS INCREASED WITH SEK 32.7 MILLION TO SEK 19.3 MILLION
(-13.4)
    * Q2 PROFIT AFTER TAX INCREASE WITH SEK 32.3 MILLION TO SEK 13.5 MILLION (-18.8)
    * INCREASED OPERATING PROFIT IS PRIMARILY A RESULT OF IMPROVED GROSS MARGINS AND REDUCED
OPERATIONAL EXPENSES
    * Q2 NET SALES OF QUARTER AMOUNT TO SEK 168.4 MILLION (148.0), WHICH IS AN INCREASE WITH 14
PERCENT.

Source text for Eikon:  ID:nMFN3dgg8H 
Further company coverage:  BORG.ST 

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