Björn Borg Q2 net sales rise 4.2 percent

For the period between April 1 to June 30, 2018, Björn Borg AB said that the Group’s net sales increased 4.1 percent to 140.3 million Swedish krona (15.2 million dollars) and excluding currency effects sales rose 1.2 percent. Net sales for the company’s own ecommerce and e-tailers increased 23 percent. Gross profit margin for the period was 59.9 percent compared to 52.1 percent last year, while operating profit amounted to 2.9 million Swedish krona (0.3 million dollars). Profit after tax amounted to 1.5 million Swedish krona (0.1 million dollars) and EPS before and after dilution amounted to 0.06 Swedish krona.