Brief: Bjorn Borg Q4 Operating Profit Rises To SEK 6.5 Million

Bjorn Borg AB

26/02/2021 06:34

Feb 26 (Reuters) - Bjorn Borg AB  BORG.ST :
    * BJÖRN BORG AB YEAR-END REPORT JANUARY – DECEMBER 2020
    * BOARD OF DIRECTORS HAS DECIDED TO PROPOSE TO ANNUAL
GENERAL
MEETING A DISTRIBUTION OF SEK 1.50 (0.00) PER SHARE, TOTALING
SEK 37.7 MILLION (0.0).
    * Q4 GROUP'S NET SALES DECREASED 18.4 PERCENT TO SEK 160.4
MILLION
(196.4). EXCLUDING CURRENCY EFFECTS, SALES DECREASED 15.0
PERCENT
    * Q4 GROSS PROFIT MARGIN WAS 56.6 PERCENT (50.8).
    * Q4 OPERATING PROFIT AMOUNTED TO SEK 6.5 MILLION (1.4).
    * Q4 PROFIT AFTER TAX AMOUNTED TO SEK 1.3 MILLION (-2.7).

Source text for Eikon:  ID:nMFN1nC6LR 
Further company coverage:  BORG.ST 

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