Logotype

AB Lindex wins tax case

AB Lindex has won a tax case in the County Administrative Court relating to the income tax assessments for the fiscal years 2003 and 2004 regarding tax deduction for losses in Lindex’s German operation. The judgement means that Lindex is granted permission to make a deduction for Group contributions amounting to SEK 177M. The tax authority has the option to appeal the decision. Lindex has been operating in Germany since 1998 through its subsidiary, Lindex GmbH. The German operation has incurred losses which have been covered by the parent company, AB Lindex. It is for these losses that Lindex has claimed a deduction. Lindex has also claimed a tax deduction totalling SEK 705M for the income tax assessments relating to the fiscal years 1998-2002 and 2005. Lindex is still awaiting a judgement in these tax cases and a decision by the National Tax Board relating to the tax assessment for 2005. The fiscal value of the deductions will have a positive effect on the company’s profit after tax and its cash flow. An examination of how the tax deductions can be utilised will be made when the judgement has become legally binding. AB Lindex (publ)For further information, please contact:Peter Andersson, Chief Financial Officer Telephone: +46 (0)31 739 50 10Mobile: +46 (0)705 84 44 37

Download

The news

Lindex invests in start-up – new underwear brand Closely

Lindex joins as partner in Closely, a new Swedish underwear brand for women. The partnership is part of Lindex's work to create new growth opportunities. Behind Closely are two of Sweden's best-known creatives, Tove Langseth and Filip Nilsson. 
November 15, 2019

Lindex’s customers raise 969 000 EUR to cancer research

With great commitment, pride and a specially designed collection, Lindex has together with its customers raised 969 000 EUR to cancer research.
November 12, 2019

Lindex recalls snap-on bracelet with a cat head

We have discovered that a snap-on bracelet with a cat head is incorrectly constructed and does not meet Lindex’s safety requirements. The metal component inside the bracelet is not properly protected which means that its sharp edges may pose a risk of injury. 
November 6, 2019

Lindex increases sales and maintains its strong result

Lindex is performing well, as indicated by its interim result and sales from the third quarter. The fashion company maintains its strong performance, demonstrating improved result and increased sales in all markets. 
October 30, 2019

Lindex in collaboration with Something Borrowed

Lindex starts renting out clothes and through their business Something Borrowed, they give their customers the opportunity to rent premium garments from the fashion company’s Extended collection.
October 24, 2019

Lindex launches new code of conduct with focus on gender equality

Lindex launches the ‘Lindex Code of Conduct’ with a strong focus on gender equality. The new code of conduct makes Lindex one of the first major fashion companies to integrate gender equality in its basic requirements for textile production and all business partnerships.
October 15, 2019

Read all news

Welcome to Lindex!
Lindex website uses cookies to provide the best possible user experience. If you continue without making any changes you allow this. Read more about cookies here