Lindex Interim Report for the second quarter 1 December 2004–28 February 2005

Strengthened margins and lower costs First six months of 2004/2005 (1 September 2004–28 February 2005)•Sales fell by 4.8 (+2.1) per cent to SEK 2,621M (2,753). The Lindex Group’s same-stores sales, excluding the currency effect, fell by 3.2 (+5.9) per cent. •Costs continued to decrease and operating profit increased to SEK 176M (31). Profit after financial items increased to SEK 176M (33).•The operating margin rose to 6.7 (1.1) per cent and the gross margin amounted to 56.9 (53.9) per cent.•Operating profit before financial items, taxes and the amortisation of brand names and goodwill, EBITA, doubled for the first half of the year in the Nordic operations (excluding Twilfit) and amounted to SEK 227M (108). This resulted in an EBITA margin amounting to 9.8 (4.5) per cent.•Profit after tax amounted to SEK 115M (9), equivalent to SEK 8.30 (0.60) per share.•The cash flow from the current operations amounted to SEK 127M (77).Second quarter of 2004/2005 (1 December 2004–28 February 2005)•Sales fell by 5.6 (+2.8) per cent to SEK 1,291M (1,368). The Lindex Group’s same-stores sales, excluding the currency effect, fell by 4.0 (+6.7) per cent. •Operating profit rose to SEK 60M (-56). Profit after financial items increased to SEK 61M (-55).•The operating margin increased to 4.6 (-4.1) per cent and the gross margin to 54.1 (48.3) per cent.•Profit after tax amounted to SEK 36M (-48), equivalent to SEK 2.60 (-3.50) per share.After the reporting period•Lindex has signed a contract to open a new store in Germany in September. The Lindex Group consists of two retail chains: Lindex, which has 309 stores in the Nordic market and 23 stores in Germany, and Twilfit, which has 56 stores in Sweden. The Group’s business areas are Lingerie, Ladies’ Wear and Children’s Clothing.For further information, please contact: Göran Bille, President and CEO Telephone: +46 31 739 50 02Mobile: +46 703 44 43 04Peter Andersson, Chief Financial OfficerTelephone: +46 31 739 50 10Mobile: +46 705 84 44 37


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